One day after the Nets declined to extend him a qualifying offer, Ziaire Williams in back in the fold…
With eight hours to go before the beginning of NBA Free Agency, the Brooklyn Nets and Ziaire Williams have reached an agreement on a two-year, $12.0 million deal, the second year of which is a team option
Shams Charania was first with the news.
Free agent forward Ziaire Williams intends to sign a two-year, $12 million deal to return to the Brooklyn Nets, sources tell ESPN. Williams averaged 10 points and 4.3 rebounds in 63 games. Nets officials and Aaron Mintz of CAA negotiated the new contract. pic.twitter.com/xwg3u4Fpfs
— Shams Charania (@ShamsCharania) June 30, 2025
Yossi Gozlan later added details on how this effects the Nets cap space.
Ziaire Williams has a $18.4 million cap hold. Nets had to renounce it and make him unrestricted or it would interfere with their cap space.
They project with $40 million in room with the ability to get up to $46 million.
Williams has veto rights in trades unless he waives it. https://t.co/u1vUfChZkm
— Yossi Gozlan (@YossiGozlan) June 30, 2025
The Nets acquired Williams, a 23-year-old 6’9” small forward, in July of last year. It was a salary dump for the Memphis Grizzlies who didn’t want to extend Williams, who had been a disappointment after being taken at No. 10 in the 2021 NBA Draft. They also needed cap space to sign Luke Kennard.
The Nets sent Mamadi Diakate, acquired in the Mikal Bridges trade, to Memphis and received Williams and a Dallas Mavericks second rounder in 2030.
This story will be updated.