Joe Johnson was waived by the Brooklyn Nets on Wednesday agreeing to a buyout , which will allow him to join another NBA team this season. According to the latest NBA rumors, Johnson and the Nets agreed on a $3 million salary cut for the buyout to happen.
Zach Lowe was the first to report about the exact amount of what Johnson gave up to leave the Nets, via Twitter.
According to from Marc Stein of ESPN, as many as seven teams are interested in acquiring Johnson after his release from the Nets. The teams mentioned in the latest NBA rumors are the Cleveland Cavaliers, Miami Heat, Oklahoma City Thunder, Atlanta Hawks, Boston Celtics, Houston Rockets and Toronto Raptors.
Stein also reported the Cavaliers are “confident” that Johnson will select them over other playoff teams interested in the veteran shooting guard although the Hawks, Johnson’s former team, are also considered one of the front-runners.
Johnson, who is a seven-time NBA All-Star, has played the last four seasons with the Nets and averaged 11.8 points, 3.9 rebound and 4.1 assists in 57 games for Brooklyn in the 2015-2016 NBA Season.
Johnson also previously played for the Celtics (2001-2002), Phoenix Suns (2002 to 2005) and Atlanta Hawks (2005 to 2012) since being drafted 10th overall in the 2001 NBA Draft.
Johnson spent his prime with the Hawks in the 2006-2007 season when he averaged 25.0 points, 4.2 rebounds and 4.4 assists.
Any team acquiring the 34-year-old Johnson will most likely use him off the bench on a reserve role.
Photo courtesy: Keith Allison/Wikimedia Commons