5:42pm: The moves are official, according to a team press release.
SATURDAY 3:49pm: The Hornets will waive Rasheed Sulaimon, Michael Scotto of Basketball Insiders reports (Twitter link). The player will join the team’s D-League affiliate in Greensboro, the scribe adds. Also being let go are Mike Tobey and Perry Ellis, Jeff Goodman of ESPN.com relays (via Twitter). Tobey’s deal included a partial guarantee of $75K, which Charlotte will be responsible for unless he is claimed off waivers by another team.
Sulaimon, who wasn’t selected in this year’s draft, averaged 11.1 points, 3.5 assists and 3.5 rebounds as a senior with the Terrapins last season. The shooting guard played for the Bulls’ summer league team in Las Vegas, but shot just 3-of-13 from 3-point range and reportedly had trouble defending smaller guards.
Ellis averaged 16.9 PPG and 5.8 RPG to go along with a shooting line of .531/.438/.785 during his final year at Kansas. After going undrafted, the 22-year-old joined the Mavericks for Summer League action in Las Vegas.
Tobey, a 7’1″ center out of Virginia, averaged 7.3 PPG and 4.4 RPG in 15.7 minutes per contest during his senior year. The 21-year-old joined the Hornets for Summer League action in Orlando, and recorded 10.0 PPG, 6.8 RPG, 1.6 BPG, and 1.0 SPG in his five appearances with the squad.