Nets Waive Malachi Smith

By Rory Maher | at July 10, 2026 4:46 pm The Nets have waived Malachi Smith, tweets Brian Lewis of The New York Post. Brooklyn exercised its minimum-salary team option on Smith at the end of June, but his contract was non-guaranteed, so the Nets won’t incur a cap charge by releasing him. Smith, who went undrafted out of Gonzaga in 2023, has spent most of his first three professional seasons in the G League, but was called up by Brooklyn during the second half of 2025/26, first on a pair of 10-day deals and then on a two-year standard…