diff --git a/configs/am62px_evm_r5_ethboot_defconfig b/configs/am62px_evm_r5_ethboot_defconfig
index 8baec9d43ff..df49324b25a 100644
--- a/configs/am62px_evm_r5_ethboot_defconfig
+++ b/configs/am62px_evm_r5_ethboot_defconfig
@@ -5,7 +5,7 @@ CONFIG_ARCH_K3=y
 CONFIG_SOC_K3_AM62P5=y
 CONFIG_TARGET_AM62P5_R5_EVM=y
 CONFIG_DEFAULT_DEVICE_TREE="k3-am62p5-r5-sk"
-CONFIG_NET_LEGACY=y
+# CONFIG_NO_NET is not set
 CONFIG_SPL_BOARD_INIT=y
 CONFIG_SPL_DMA=y
 CONFIG_SPL_ENV_SUPPORT=y
diff --git a/configs/j722s_evm_r5_ethboot_defconfig b/configs/j722s_evm_r5_ethboot_defconfig
index e4682edb455..cc71f913d3c 100644
--- a/configs/j722s_evm_r5_ethboot_defconfig
+++ b/configs/j722s_evm_r5_ethboot_defconfig
@@ -5,7 +5,7 @@ CONFIG_ARCH_K3=y
 CONFIG_SOC_K3_J722S=y
 CONFIG_TARGET_J722S_R5_EVM=y
 CONFIG_DEFAULT_DEVICE_TREE="k3-j722s-r5-evm"
-CONFIG_NET_LEGACY=y
+# CONFIG_NO_NET is not set
 CONFIG_SPL_DRIVERS_MISC=y
 CONFIG_SPL_BOARD_INIT=y
 CONFIG_SPL_DMA=y
diff --git a/net/Kconfig b/net/Kconfig
index 89d949b5f2c..e712a0dd2ac 100644
--- a/net/Kconfig
+++ b/net/Kconfig
@@ -2,17 +2,22 @@
 # Network configuration
 #
 
-menu "Networking"
+config NO_NET
+	bool "Disable networking"
+	help
+	  Transitional variable. Equivalent to setting NET=n.
+
+menuconfig NET
+	bool "Networking"
+	depends on !NO_NET
+	default y
+
+if NET
 
 choice
 	prompt "Networking stack"
 	default NET_LEGACY
 
-config NO_NET
-	bool "No networking support"
-	help
-	  Do not include networking support
-
 config NET_LEGACY
 	bool "Legacy U-Boot networking stack"
 	select NETDEVICES
@@ -231,8 +236,6 @@ endif   # if NET_LEGACY
 
 source "net/lwip/Kconfig"
 
-if NET_LEGACY || NET_LWIP
-
 config BOOTDEV_ETH
 	bool "Enable bootdev for ethernet"
 	depends on BOOTSTD
@@ -276,7 +279,7 @@ config TFTP_BLOCKSIZE
 	  almost-MTU block sizes.
 	  You can also activate CONFIG_IP_DEFRAG to set a larger block.
 
-endif   # if NET_LEGACY || NET_LWIP
+endif   # if NET
 
 config SYS_RX_ETH_BUFFER
         int "Number of receive packet buffers"
@@ -286,5 +289,3 @@ config SYS_RX_ETH_BUFFER
           controllers it is recommended to set this value to 8 or even higher,
           since all buffers can be full shortly after enabling the interface on
           high Ethernet traffic.
-
-endmenu