Watson tweeted from his verified account, “Keep up with the pace!!!!” perhaps in reference to the agreement.
The Cavaliers are interested in re-signing Livingston, who is also garnering interest from a couple other teams besides the Nets, a source said.
Telfair has also received interest from the New York Knicks, Miami Heat and Oklahoma City Thunder, according to HOOPSWORLD.com, which was later re-tweeted by ASM Sports, which represents the Brooklyn native.
If Livingston or Telfair signed with the Nets, it would likely be for the veteran’s minimum.
ESPN NewYork.com’s Jared Zwerling contributed to this report.