Yogi Ferrell, the undrafted Indiana point guard, has been signed to a partially guaranteed one-year contract. Ferrell played for the Nets in summer league where he averaged 8.8 points and 1.8 assists per game over four games.
Shams Charania of The Vertical broke the story...
Yogi Ferrell of Indiana has reached agreement on a free-agent deal with the Brooklyn Nets, league source tells The Vertical.— Shams Charania (@ShamsCharania) July 22, 2016
NetsDaily confirmed the deal ... and the partial guarantee.
Ferrell, at 5'11", will be battling several point guards on the Nets roster, including the two Nets draft picks, Caris LeVert and Isaiah Whitehead, both seen as a combo guards, as well as veterans Greivis Vasquez and Randy Foye.
The contract is basically a training camp invitation. If Ferrell does not make the final 15-man roster, he will likely be assigned to the Long Island Nets. By giving Ferrell a significant amount upfront, the Nets will have essentially subsidized his D-League contract. D-League players get low five figure salaries (plus housing). And since the L.I. Nets will practice at HSS Training Center this season and play at Barclays Center --a unique arrangement, Nets brass will be able to watch his development first hand and on a daily basis.
Ferrell is the all-time Indiana University leader in games started and assists. He was part of two teams that won outright Big Ten championships. He was a Wooden All-American choice as a senior, also earning All-American honors from The Sporting News, the NABC, USA Today, CBS Sports and the Associated Press. He is the only player in IU history to lead his team in assists all four years of his career.
For his career, Ferrell averaged 14.5 points and 4.6 assists per game and shot 39.9% from beyond the arc.