The Nets waived Cui (knee) on Sunday, Brian Lewis of the New York Post reports.

Cui sustained a season-ending torn ACL in his left knee during the Long Island Nets' 120-100 G League loss to the Maine Celtics on Wednesday, Michael Scotto of USA Today reports. He finished the game with two points (1-4 FG, 0-1 3Pt, 0-1 FT), four rebounds and three assists across 10 minutes.

Cui is close to reaching agreement with the Nets on a two-way deal, Lucas Kaplan of NetsDaily.com reports.