Yogi Ferrell, who played with the Brooklyn Nets in the NBA preseason before being waived on Oct. 21, is headed back to the Nets according to multiple reports.

The Nets have released Greivis Vasquez, who has an ankle injury, and will sign Ferrell, currently of the NBA D-League’s Long Island Nets.

Brooklyn is releasing guard Greivis Vasquez, who needs ankle surgery, league sources tell @TheVertical. Nets will sign Yogi Ferrell. — Adrian Wojnarowski (@WojVerticalNBA) November 9, 2016

Ferrell will become the second player called up to the NBA from the Development League this season.

According to Bobby Marks of Yahoo! Sports, the prorated salary cap hit for Yogi Ferrell is $495,518 with a per day amount of $3,197.

The Nets play the Knicks tonight at Madison Square Garden, which could be the first time Ferrell dresses for a regular season game.

In the preseason for the Nets, Ferrell, who went undrafted in June’s NBA draft, averaged 4.3 points per game.

The All-Big Ten guard averaged 8.8 points, 1.8 assists, 1.5 rebounds in 17 minutes per game in the Summer League. He shot 43.8 percent from the field, 18.2 percent on 3s and 71.4 percent from the free throw line.

Filed to: Yogi Ferrell