It’s not as big as LeBron James opting out of his $35.6 million player option with the Cavs, but the Nets have begun making moves that will expand their cap space for this year.
As Mike Scotto first reported on Twitter, the Nets have renounced Nik Staukas $5.1 million qualifying offer, making him an unrestricted free agent and giving them some extra cap space. The move was expected.
The Brooklyn Nets will not tender Nik Stauskas a qualifying offer, sources told @TheAthleticNYC. He'll be an unrestricted free agent. The Nets did tender two-way player Milton Doyle a qualifying offer making him a restricted free agent.