The team drafted the 24-year-old Jefferson 60th overall in the 2014 NBA Draft, purchasing the pick from the San Antonio Spurs. He played in 50 games (one start), averaging 3.7 points and 2.9 rebounds in 10.6 minutes per game. He was set to earn a guarantee of $150,000 if he stuck with the team through Wednesday.
Jefferson was with the Nets for Summer League, but he suffered a nagging ankle injury and sat out after the first two games.
Jefferson was best known for two in-season blunders: badly missing a three-pointer against the Bulls, and misreading the game clock before firing an 85-footer with eight seconds left. But he also showed off a tremendous leaping ability, putting down some big dunks.
The Nets currently have three non-guaranteed players under contract with one open roster spot: Ryan Boatright, Markel Brown, and Earl Clark.