The Sixers are waiving J.P. Tokoto, reports Keith Pompey of the Philadelphia Inquirer (on Twitter). Coach Brett Brown confirmed the move, tweets Bob Cooney of the Philadelphia Daily News. Tokoto, this year’s 58th overall pick, signed the required tender of a one-year, non-guaranteed minimum salary deal that the Sixers had to make to retain his draft rights. Philadelphia is also releasing Pierre Jackson, as Pompey reported earlier, but the team still has to make three more cuts to reduce its roster to 15 by the deadline to do so at the close of business today.
Philadelphia will have a cap hit of about $6,178 for Tokoto, provided he clears waivers, though the team has ostensibly already paid him $8K in training camp compensation, which doesn’t count against the cap, as former Nets executive Bobby Marks explains (All Twitter links). That amount negates the $6,178, so all Tokoto cost the Sixers was $8K.
Tokoto, a 22-year-old shooting guard, averaged 3.2 points in 10.4 minutes per game over five appearances during the preseason. Philadelphia can make him an affiliate player for its D-League affiliate if he clears waivers, but the Sixers no longer have any NBA rights to the prospect from the University of North Carolina.