FRIDAY, 8:06am: The deal is official, the team announced (Twitter link). The pact runs through June 2016, according to the club. It’s unclear whether there are any NBA escape clauses involved.
THURSDAY, 5:01pm: Nemanja Nedovic has cleared waivers after being released by the Warriors and has signed a deal with Valencia of Spain, Emiliano Carchia of Sportando reports (Twitter link). The length and terms of the deal have not been released. Nedovic was also reportedly being pursued by Efes, Laboral Kuxta, and Fenerbahce Ulker.
Valencia had shown interest in Nedovic prior to his release from Golden State after the Warriors had declined his rookie scale team option for 2015/16. Golden State is still on the hook for Nedovic’s 2014/15 guaranteed salary, worth more than $1.1MM, though set-off rights could allow the Warriors to reduce that amount, depending on how much Nedovic makes in Europe this season.
Nedovic, 23, appeared in 24 games with the Warriors last season as a rookie, averaging 1.1 points in 5.9 minutes per contest. He didn’t see any regular season action this year after averaging 9.2 points, 2.6 assists and in 15.9 minutes in the preseason.