Report: Nets shopping point guard Jarrett Jack, if can’t find partner will waive him

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Jarrett Jack‘s season ended last January with a torn ACL.

He’s worked hard in rehab to make his NBA comeback next season, but that will not be in Brooklyn — the Nets are trying to trade him, but if that doesn’t happen by Thursday they will waive him and make him a free agent, reports Adrian Wojnarowski of Yahoo Sports.

If the Nets are unable to find a trade for Jack before his contract guarantee date on Thursday, the franchise is planning to waive him, sources said.

Jack will be owed $500,000 of the $6.3 million on his 2016-17 contract if waived by Thursday. The move will deliver the Nets $44 million in salary-cap space for the free agency period starting on Friday.

Why would a team trade for Jack? To clear their own cap space — they could trade for him Wednesday and waive him Thursday, freeing up cap space. The Nets, in turn, would get a player they want as part of their roster next season. If not, Brooklyn will take the cap space and keep it.

Jack is a solid backup point who can get a team some buckets, he averaged 12.8 points and 7.4 assists per game last season. That said, he turns 33 right as next season starts and he’s coming off an ACL injury, the market for his services is not going to be robust, but after teams work through the top free agent point guards — Mike Conley, Jeremy Lin, Deron Williams, Brandon Jennings, Matthew Dellavedova, etc. — Jack will get a call. And he’ll play well.