Nets free agency and trade buzz: Brooklyn agrees to two-way contract with Summer League standout Armoni Brooks

Here is the latest news and updates on Nets trades and free agency buzz...

July 18, 3:40 p.m.

The Nets announced Tuesday that they’ve signed guard Armoni Brooks to a two-way contract.

The 25-year-old absolutely shined in the Summer League for Brooklyn this past month, averaging a team-high 17.6 points while shooting 50 percent from the field and 47 percent from behind the arc.

Brooks has appeared in 74 NBA games with the Raptors and Rockets since the beginning of the 2020-21 season. He's averaged 6.9 points and 2.3 rebounds in those appearances.

Brooks and Jalen Wilson now take up two of Brooklyn's three two-way contracts.

July 16, 4:48 p.m.

The Nets announced Sunday that they signed Darius Bazley.

Terms of the deal were undisclosed, although ESPN's Adrian Wojnarowski reported Friday that the contract was a one-year pact.

The 6-foot-9, 216-pound Bazley was the 2019 NBA Draft's No. 23 overall pick.

July 14, 9:00 p.m.

The Nets have signed forward Darius Bazley to a one-year deal, according to ESPN’s Adrian Wojnarowski.

The 23-year-old power forward spent last season with the Oklahoma City Thunder and Phoenix Suns. He appeared in 32 regular season games and averaged 5.2 points and 3.2 rebounds.

The Suns decided not to extend him the qualifying offer this offseason, ultimately making him a free agent. Bazley now comes to Brooklyn looking for an opportunity for a fresh start.

Over his four-year NBA career, Bazley has averaged 9.1 points and 5.3 rebounds on 41 percent shooting from the field and 31 percent from behind the arc.

July 11, 8:30 p.m.

The Nets made their one-year deal with guard Lonnie Walker IV official on Monday night.

"Truly excited to be with the Nets, excited for the opportunity," Walker said in a team released video. "We've got some great pieces, excited to be a part of something special. It's time to have fun."

The 24-year-old averaged 11.7 points per game on 44.8 percent shooting over 23.2 minutes of action in 56 games (32 starts) with the Los Angeles Lakers last season.

He also saw action in 13 playoff games, averaging 6.2 points on 48.3 percent shooting from the field and 38.2 percent shooting from three-point land.

July 2, 5:10 p.m.

The Nets have agreed to a one-year deal with guard Lonnie Walker IV, according to ESPN's Adrian Wojnarowski.

Walker, 24, averaged 11.7 points per game on 44.8 percent shooting over 23.2 minutes of action in 56 games (32 starts) with the Los Angeles Lakers last season.

He was drafted by the San Antonio Spurs with the No. 18 pick in the 2018 NBA Draft out of the University of Miami, and played his first four seasons with the Spurs. Over his five seasons in the NBA, Walker has averaged 9.9 points, 2.3 rebounds, and 1.5 assists per game.

July 2, 2:18 p.m.

After being acquired by the Houston Rockets, Patty Mills is heading to the Oklahoma City Thunder, according to ESPN's Adrian Wojnarowski.

OKC will receive draft compensation to take on Mills’ $6.8M expiring deal, Wojnarowski reports.

July 2, 12:18 a.m.

The Nets are trading Patty Mills to the Houston Rockets, The Athletic's Kelly Iko and Shams Charania of The Athletic and Stadium reported.

However, according to Iko, Mills will not stay in Houston and will be involved in the Dillon Brooks sign-and-trade deal that brought Brooks to the Rockets from Memphis.

June 30, 2:49 p.m.

SNY NBA Insider Ian Begley confirms that the Nets are trading sharpshooter Joe Harris to the Detroit Pistons.

Brooklyn is sending Harris and pair of future second-round picks (2027 and 2029) to Detroit to clear Harris' $19.9 million salary for this season.

Begley reported earlier on Friday that the Nets were having talks with multiple teams on a Harris deal.

This trade reduces the Nets’ tax bill if they match a large offer sheet on Cam Johnson.

June 30, 12:45 p.m.

SNY NBA Insider Ian Begley reported that Brooklyn has spoken to multiple teams about potential trades involving Joe Harris.

The gifted three-point shooter and strong defender is under contract for $19.9 million in 2023-24, but it appears the Nets may be trying to move on from Harris with hopes of retaining restricted free agent Cam Johnson, who figures to ink a significant deal this offseason.

If Brooklyn does sign Johnson, the team may incur costly tax penalties if it doesn't shed salary elsewhere.

Meanwhile, Begley reports that there is support from within the Nets to extend Spencer Dinwiddie's contract. Dinwiddie will become extension eligible later this offseason.