Brooklyn Nets to waive Earl Clark

Shams Charania of RealGM tweets that the Nets will waive Earl Clark, the 6'10" small forward they signed after Mirza Teletovic went down last January. Once Clark is waived, the Nets will be down to 16 players, one above the maximum.

The Brooklyn Nets are waiving forward Earl Clark this week, obliging his plan to pursue a deal elsewhere, league sources tell RealGM.

— Shams Charania (@ShamsCharania) August 4, 2015

As NetsDaily first reported on Sunday, Clark wanted the Nets to waive him so he can move on, perhaps overseas. Clark, a native of Rahway, NJ, was a top scorer in China last year after playing five seasons in the NBA. Clark played poorly with the Nets during the last four months of the season and playoffs. He volunteered to play in the Orlando Summer League this July but didn't distinguish himself there either.

Of the 16, 12 are guaranteed and four --Markel Brown, Willie Reed, Quincy Miller and Ryan Boatright -- are partially guaranteed. NBA teams can have as many as 20 players on the roster through October 26.  Clark would have earned $1.185 million this year if he had made the team. The Nets will be $1 million below the luxury tax threshold when they waive Clark. They're currently $184,.480 over the line, according to Basketball Insiders.

• Nets Waiving Earl Clark - Shams Charania - RealGM
• Report: Nets doing Earl Clark a favor and waiving him - Kurt Helin - NBC Sports