Mirza Teletovic had his qualifying offer rescinded by the Nets, Andy Vasquez of The Record reports.

Teletovic had his qualifying offer rescinded by the Nets, Andy Vasquez of The Record reports.

Analysis:

As such, Teletovic will become an unrestricted free agent and the Nets will no longer have the option to match any offer. Brooklyn is as capped out as nearly any team in the NBA, so retaining Teletovic would have been somewhat of a luxury. Despite dealing with a scary blood clot issue last season, Teletovic figures to generate considerable interest as a floor-spacing, spot-up shooter.