Bobby Marks has parted ways with the Brooklyn Nets after 20 years with the franchise.

Marks was most recently assistant general manager and is especially well-versed on cap matters.

It is believed that Nets' ownership is determined to cut costs across the board.

The Brooklyn Nets were not believed to have shopped Mason Plumlee hard during the season.

However, some rival executives believe the Nets could go explore the marketplace for Plumlee anyway.

Plumlee averaged 8.7 points and 6.2 rebounds in 82 games this season.

The Brooklyn Nets are not interested in a buyout agreement with Deron Williams.

The Nets could save millions of dollars via the stretch provision, but the franchise is not interested in paying Williams his remaining $43 million not to play.

Williams has not been as productive as the Nets were expecting when they re-signed him on a max contract in 2013.

Billy King says the Brooklyn Nets will "explore all options" this offseason while not ruling out a trade. The Nets' first priority, however, will be improving internally and to re-sign Brook Lopez and Thaddeus Young.

King says the Nets' long-term plan is to build around Lopez and Young.

Deron Williams and Joe Johnson remain under contract for 15-16.

"Will there be a trade? There could be," said King.

King also said that the Nets could have traded multiple large contracts at the deadline.

Billy King could be on the cusp of signing a contract extension with the Brooklyn Nets.

King became general manager of the Nets in 2010.

The front office dynamics of the Nets appears to be in some level of turmoil as they did not pick up their option on the contract of Bobby Marks. Marks has been with the Nets for 20 years and is expert on cap matters.

Lionel Hollins admitted he no longer considers Deron Williams to be a franchise type player.

"He's not a franchise player anymore," Hollins said on Saturday morning during break-up day. "He's a good player, he's a solid player, but I don't think he's a franchise player anymore. That's just my opinion. He's a good player. I'm proud of the way he's bounced back and played, and there's so much pressure on him to be a franchise player, and everybody talks about a franchise player, but we need to have a franchise team.

"That means we have everybody going out there and playing hard, playing together, sharing the ball. If a guy is open, he makes a shot. If a guy is not open, he passes to another guy and he makes the shot. To me, that's what basketball is about. It's not about a franchise player. I mean, those guys come along once in a lifetime, and everybody doesn't get a chance to coach one. When you don't have one, you can't say you can't win. There are teams that have won championships without franchise players, what everyone considers a franchise player. I'm not worried about that. That's something you guys talk about and worry about. I worry about us going out there and playing hard, playing together and trying to scratch and claw to win a game. That's what it's all about."

NBA general managers voted Williams the best point guard in the NBA in 2010.

Williams is owed $21 million next season and $22.3 million in 2016-17, assuming he does not opt out of the final year of his contract.

Alan Anderson will decline his player option for next season and become a free agent.

Anderson has played for the Brooklyn Nets over the past two seasons.

Anderson averaged 7.3 points this season.