NBA Rumors: Dion Waiters Signing With Brooklyn Nets?

NBA Rumors: Dion Waiters Signing With Brooklyn Nets?
2013 Brooklyn Nets 1Michael Tipton / Flickr cc by-sa 2.0

Dion Waiters, the fifth-year shooting guard, is nearing an agreement with Brooklyn Nets, per a league source.


Waiters, who entered the summer as a restricted free agent, became an unrestricted free agent after the Oklahoma City Thunder rescinded his qualifying offer with the hopes to offer Russell Westbrook a contract extension.

However, there’s very little chance that Westbrook signs an extension this summer, seeing the rising salary cap next summer would present the superstar guard the opportunity to sign a more lucrative contract.

According to ESPN’s Mark Stein, Waiters and Brooklyn Nets executives met in Las Vegas earlier this month during the start of the free agency period. At the time, many were expecting Thunder to match any offer sheets received by Waiters. However, they weren’t convinced that Waiters was worth more than $10-12 million, per a source.

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Dion Waiters to join Jeremy Lin?

The Nets have had a forgettable offseason. They threw max offer sheets at Allen Crabbe and Tyler Johnson only for them to be matched by Portland Trail Blazers and Miami Heat respectively. Even though the Nets added Jeremy Lin and Greivis Vásquez, they have a relatively thin backcourt that could desperately use the likes of Waiters.

As of this moment, only three teams have expressed interest in Waiters: hometown franchise Philadelphia 76ers, Sacramento Kings and the Nets. Most league insiders feel Waiters would warrant a salary in the range of $12 to $15 million per year.

Last season, Waiters averaged 9.8 points, 2 assists and 2.6 rebounds. During the postseason, he averaged 8.4 points from 18 games. Waiters made some big three pointers during the conference finals against San Antonio Spurs before going cold in the final three games of the conference finals against the Golden State Warriors.

Most coaches and general managers view Waiters as a spot-up shooter at best and not the kind of player they can build their offense around. While his defense has improved, Waiters has never been elite in that aspect of his game.

Dion Waiters, 24, was selected fourth overall by the Cleveland Cavaliers in 2012 before being traded to the Thunder as part of a three-team deal prior to last year’s trad deadline.