"The Nets finalized their 15-man regular-season roster Sunday with a surprise move, waiving third-year guard Kobe Bufkin, who they acquired last month from the Atlanta Hawks for cash considerations. Bufkin, the 15th overall pick in the 2023 NBA Draft, appeared in two preseason games for Brooklyn, averaging 7.0 points and 2.5 rebounds in 10.9 minutes per contest. Finally healthy after two injury-plagued seasons in Atlanta, the 22-year-old now enters free agency looking for a fresh opportunity."
"By waiving Bufkin, the Nets will enter the regular season $190K above the minimum salary floor and hold $15.3 million in available cap space, according to ESPN's Bobby Marks. If the Nets had failed to reach the minimum salary floor, which is 90 percent of the cap, they would have forfeited their share of the league's projected $12.8 million luxury tax distribution per team."
The Nets finalized a 15-man regular-season roster by waiving third-year guard Kobe Bufkin, whom they had acquired from the Atlanta Hawks for cash. Bufkin, the 15th pick in the 2023 NBA Draft, played two preseason games for Brooklyn, averaging 7.0 points and 2.5 rebounds in 10.9 minutes, and now becomes a free agent after recovering from prior injuries. Waiving Bufkin leaves the Nets $190,000 above the minimum salary floor and $15.3 million in available cap space; failing to reach the floor would have forfeited a projected $12.8 million luxury tax distribution per team. The team previously waived Dariq Whitehead and Drew Timme and kept Haywood Highsmith despite a post-surgery knee swelling and modified rehab timetable.
Read at New York Daily News
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