Report: Nets Could Be Willing To Use Open Cap Space As Vehicle To Execute Multi-Team Trade Scenarios

According to Anthony Slater of The Athletic, the Brooklyn Nets could be willing to use their open cap space as a vehicle to execute multi-team trade scenarios this offseason. 

There is not a current expectation that the Nets are preparing an offer sheet for Golden State Warriors forward Jonathan Kuminga, who becomes a restricted free agent this offseason. 

“There is not a current expectation that the Brooklyn Nets are preparing an offer sheet for Kuminga, but there are signs Brooklyn could be willing to use its open cap space as a vehicle to execute multi-team trade scenarios this summer, league sources said,” Slater wrote. 

The Nets went 26-56 this season. They have the eighth overall pick in this year’s draft. 

Brooklyn has $58 million in cap space. 

“The only team with a max-contract slot has a lot of spending power, with an estimated $58 million even counting the cap holds for restricted free agents Cam Thomas and Day’Ron Sharpe against that total,” Danny Leroux of The Athletic wrote. “It is important to note that cap-space teams also get the $8.8-million room exception on top of that space, though the two cannot be added together to give a larger contract.”

The Nets have been linked to Milwaukee Bucks superstar Giannis Antetokounmpo, who could request a trade this offseason.