The Hawks have waived second-year center Diamond Stone, per Chris Vivlamore of The Atlanta Journal-Constitution. Shortly after Vivlamore published his report, the Hawks issued a press release confirming the roster move.
Stone was one of two players acquired from L.A. by the Hawks in a three-way trade with the Clippers and Nuggets earlier this month. Jamal Crawford, the other player who landed in Atlanta as a result of that trade, was bought out by the club shortly after the move was finalized, so the Hawks have now cut both players involved in the deal. The Hawks also received a first-round pick in that swap, which was clearly the most important part of the package.
While Stone wasn’t Atlanta’s primary target in that trade, it’s still somewhat surprising that the team has waived him already. The big man’s minimum salary contract for 2017/18 was guaranteed, and he’s just one year removed from being drafted 40th overall. However, apparently the Hawks weren’t interested in using one of their 15 regular-season roster spots on Stone.
The Hawks could choose to stretch Stone’s $1,312,611 cap hit over the next three seasons, though the club isn’t in any cap trouble this season, so it may make sense to just keep his full salary on the books for 2017/18.