Per The Undefeated's Marc J. Spears, Temple will sign a two-year deal worth $10 million when the free-agent moratorium period ends July 6.
The Nets' roster overhaul comes in the wake of a resurgent 2018-19 season for the franchise. Their 42 wins were a 14-game improvement from 2017-18, and they made their first playoff appearance since 2014-15.
Temple will become a key role player for the Nets with his ability to shoot and defensive aptitude. The 33-year-old averaged 7.8 points per game for the Memphis Grizzlies and Los Angeles Clippers last season. He shot 38.3% from three-point range from 2016-18.
The Nets needed to find a new shooting guard after agreeing to trade Allen Crabbe to the Atlanta Hawks. Temple is a low-cost investment with a diverse skill set for a franchise that suddenly finds itself with realistic championship aspirations.