In a second emailed press release at around 12:30, the Nets officially announced the signing of back up point guard Shaun Livingston.
The terms of the contract were not officially released, but sources say the deal is one-year, worth the vet minimum.
Livingston said in a 2:15 conference call that the decision was not a difficult one, and the main reasons for picking Brooklyn was to be able to play under Jason Kidd, with Deron Williams and be apart of a contending team.
He also repeatedly stressed that the Nets are a contender "on paper," but need to follow through on their expectations.
Livingston averaged 6.3 points, 3.3 assists in 22 minutes, playing 66 games last season.
For more quotes from Livingston, check out the official @TheBKGame Twitter account.