HoopsHype.com Rumors

The Brooklyn Nets have made an agreement in principle on a contract with guard C.J. Watson, Nets General Manager Billy King announced tonight. Per team policy, terms of the agreement were not released. "We are very pleased to add a veteran with the savvy and experience of C.J. Watson to our roster," said King. “C.J. has the ability to be productive in a variety of roles, and he will add quality and versatility to our backcourt rotation." NBA.com

Brooklyn Nets, Free Agency, CJ Watson, Billy King 

Aggrey Sam: As reported elsewhere, CJ Watson is headed to the Nets. Also: I'm hearing Ronnie Brewer could be Minnesota-bound. Twitter

Minnesota Timberwolves, Brooklyn Nets, Free Agency, CJ Watson, Ronnie Brewer 

Alex Kennedy: For those asking, C.J. Watson cleared waivers Friday at 5 p.m. ET. His deal with the Brooklyn Nets is finalized. Twitter

Brooklyn Nets, Free Agency, CJ Watson 

Alex Kennedy: CJ Watson: "I'm excited to join the Nets. I can't wait to play with all that talent and play for Avery Johnson. I couldn't be more excited." Twitter

Brooklyn Nets, Free Agency, Avery Johnson, CJ Watson 

Tim Bontemps: Karnes on Watson choosing the Nets: “In the end, Deron had called C.J., Avery had called him ... he felt like there was a big hole to fill." Twitter

Brooklyn Nets, Free Agency, Avery Johnson, CJ Watson, Deron Williams 

Howard Beck: Confirming reports: CJ Watson has 2-year deal with Nets. Some confusion about waivers, but he did clear Friday. Twitter

Brooklyn Nets, Free Agency, CJ Watson 

Peter Vecsey: Correction: My source jumped gun on Nets getting C.J. They've come to terms, but can't call him their own until if he clears waivers 5 Tues Twitter

Brooklyn Nets, Free Agency, CJ Watson 

Peter Vecsey: Embarrassing! Dismiss my correction. C.J. Watson has cleared waivers. And Nets have come to terms with him. Wake me when this is over! Twitter

Brooklyn Nets, Free Agency, CJ Watson 

Stefan Bondy: Nets were also looking at Derek Fisher, but Watson coming on vets minimum is nice pickup for Brooklyn Twitter

Brooklyn Nets, Free Agency, Derek Fisher, CJ Watson 

Peter Vecsey: This just in: Nets have come to terms with C.J. Watson as backup point. Two years at vet minimum. Watson owns option on second year Twitter

Brooklyn Nets, Free Agency, CJ Watson 

According to league sources, GS have expressed interest in C.J. Watson. But some in Warriors' front-office prefer Nate Robinson more. It could come down to price. Either would likely be signed after the Warriors land front court help Sulia

Golden State Warriors, Free Agency, Nate Robinson, CJ Watson 

Marcus Thompson: From what I'm told, Mark Jackson is the biggest Nate Robinson fan among the Warriors' brass. Twitter

Golden State Warriors, Free Agency, Nate Robinson, CJ Watson 

Alex Kennedy: C.J. Watson was waived by the Bulls last night. Under-the-cap teams can now claim him. If unclaimed, he'll be an unrestricted free agent. Twitter

Chicago Bulls, Free Agency, CJ Watson 

About the only definitive result from a very fluid day is that, as expected, Ronnie Brewer won't play for the Bulls next season at his $4.37 million team option and C.J. Watson also won't be back at his $3.2 million salary. Chicago Tribune

Chicago Bulls, Free Agency, CJ Watson, Ronnie Brewer 

CJ Watson: Chi- Town its been real. I appreciate you all. No love lost enjoyed my time in the windy city. Close one chapter open up another  Twitter

Chicago Bulls, Free Agency, CJ Watson 

Steve Kyler: The Bulls will try and trade CJ Watson before they cut him loose, but will not pick up his options after Hinrich deal. Twitter

Chicago Bulls, Trade, CJ Watson 

Alex Kennedy: The Chicago Bulls will not pick up C.J. Watson's option for next year, according to sources. Watson will become an unrestricted free agent. Twitter

Chicago Bulls, Free Agency, CJ Watson 

Watson’s $3.2 million team option is hardly prohibitive. In fact, league sources have suggested Hinrich’s price, with as many as eight teams in play for his services, should approach or exceed the mini midlevel salary cap exception of $3 million. Chicago Tribune

Chicago Bulls, Free Agency, Kirk Hinrich, CJ Watson 

The Bulls have until July 10 to announce whether they will pick up team options on Kyle Korver, Ronnie Brewer and C.J. Watson. None are expected to return, although Korver remains a slight possibility even though his option is the most expensive at $5 million. Chicago Tribune

Chicago Bulls, Free Agency, Kyle Korver, CJ Watson, Ronnie Brewer 

The Bulls have until July 10 to announce whether they will pick up team options on Kyle Korver, Ronnie Brewer and C.J. Watson. None of the three are expected to return, although Korver, even though his option is the most expensive at $5 million, remains a slight possibility. Chicago Tribune

Chicago Bulls, Free Agency, Kyle Korver, CJ Watson, Ronnie Brewer