The Kings have waived Jeremy Tyler, the team announced. The move was expected, as Sacramento has planned to waive the big man since acquiring him in a trade with the Knicks earlier this month.
Tyler’s $948K contract was scheduled to become partially guaranteed at $100K if the Kings had not waived him by September 15. The move will help Sacramento’s efforts to creep beneath the luxury tax line. The Kings have yet to execute an in-place agreement to deal away Jason Terry to Houston for non-guaranteed contracts. As soon as that transpires, the Kings stand to have approximately $74-75MM in salary slated for 2014/15, including both guaranteed and non-guaranteed arrangements. The team will have to either add guaranteed money or retain some of its non-guaranteed training camp invites, since only 11 of the minimum 13 roster spots are fully guaranteed, not including Terry’s deal.
The Full Court Sports client has split time between the NBA and D-League the last three seasons, seeing action for the Warriors, Hawks, and Knicks. The 6’10” center has averaged 3.6 PPG and 2.7 RPG for his career, with a .451/.000/.557 slash line.