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2019 Las Vegas Summer League - Day 1 - Dallas Mavericks v Brooklyn Nets Photo by David Dow/NBAE via Getty Images

Yahoo! Sports Keith Smith reports the Nets have renounced their rights to guard Theo Pinson as a way of maximizing cap space for bigger moves. Smith tweeted...

The move would not prevent Brooklyn from re-signing the 23-year-old once they’ve completed their other moves, as Brian Lewis tweeted...

Pinson, who went from undrafted to a two-way contract to standard NBA contract last season, was a mainstay of the Long Island Nets, finishing second in the Rookie of the Year competition and being selected second team All G League. In 34 games, the UNC product averaged 20.7 points as well as six rebounds and six assists, recording Long Island’s first triple double. He also shot 38.9 percent from three point range, a dramatic improvement from the 22.7 percent he shot in his last year at Chapel Hill. he sh

He played for Brooklyn’s Summer League team on Friday night. It’s uncertain if he will continue to play. The Nets face the Croatian national team at 4 p.m. Sunday.