Raptors Waive Julyan Stone

July 9 2014 at 8:22pm CDT By Chuck Myron

8:22pm: In addition to the new teams mentioned, the Raptors remain a possibility to sign Stone, per Charania.

WEDNESDAY, 5:53pm: Stone has cleared waivers and is now discussing a possible deal with the Sixers, Bucks, and Kings, a league source tells Shams Charania of RealGM (Twitter link). Presumably, any deal would slot Stone on a team’s training camp roster and be partially or non-guaranteed, although that’s just my speculation at this point.

MONDAY, 2:49pm: The Raptors have waived point guard Julyan Stone, the team announced (on Twitter). Stone’s non-guaranteed minimum-salary contract was to have become fully guaranteed if he remained on the roster through today, so Toronto saves some cash and some room under the tax line with the move.

Stone’s relationship with Raptors GM Masai Ujiri dates to their time together with the Nuggets, with whom the 25-year-old spent the first two seasons of his career. Still, even news that fellow reserve guard Nando De Colo had turned down Toronto’s offer to accept a deal to play in Russia wasn’t enough to keep Stone on the roster as the Raptors seek to re-sign Greivis Vasquez and stay below the tax threshold.

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