9:18pm: Both moves are official, the team announced in a press release.
4:32pm: The Bucks will convert guard Sean Kilpatrick‘s two-way contract into a regular season deal, Shams Charania of The Vertical tweets. The shooting guard signed on with the club on December 18 and has seen action in five games since.
To free up a regular roster slot, the club will waive Joel Bolomboy whose own two-way deal had been converted into a regular season contract earlier today.
With Bolomboy out of the picture, Kilpatrick will slide into the vacancy that was initially created earlier this morning when the team waived DeAndre Liggins ahead of the deadline for his deal to become guaranteed.
All in all, both Liggins and Bolomboy are out of the picture, Kilpatrick will be Milwaukee’s 15th regular season contract, Munford was added on a two-way deal and the other two-way slot remains vacant.
Why would they bother converting Bolomboy to a NBA contract if they just meant to waive him?
So nobody else can sign him to a two-way deal smh basically if somebody else signs him it would have to be to a regular NBA contract for the rest of the season, they being a$$es for no reason
I still haven’t been able to pin down with 100% certainty how waivers work for two-way players, but my assumption is that the Bucks were concerned Bolomboy’s two-way contract would be claimed, and they know an NBA contract won’t be (since it’d have to be fully guaranteed now). So now they’ll have a better chance to get him back on the Wisconsin Herd after he clears waivers, and they have the chance to sign a new two-way player who would be able to spend more days with the NBA team. (I’ve seen people say this is bad for Bolomboy, but the move earned him an extra $22K-ish for basically nothing, and he’ll still have a chance to sign any form of contract with another team once he clears waivers).
Because they didn’t want him on a two-way contract anymore. They also don’t want to lose him at all tho. By signing him and the waiving him give it a higher chance that nobody will pick him up so then he goes back to the Herd