Report: Nets decline qualifying offer for Hollis-Jefferson

The Brooklyn Nets took another step in preparation for this summer's free agency by declining to make a qualifying offer for Rondae Hollis-Jefferson, sources told ESPN's Adrian Wojnarowski.

The 24-year-old has spent his entire four-year NBA career with the Nets and averaged 8.9 points and 5.3 boards across 59 appearances last season. Hollis-Jefferson was also one of the Nets' most versatile defenders.

Brooklyn now has $46 million in cap space and has been reported to share a strong mutual interest with All-Star guard Kyrie Irving.

The Nets may also retain restricted free-agent guard D'Angelo Russell, who averaged career highs in points (21.1) and assists (7.0) en route to his first All-Star appearance this past season.