As expected, the Hawks have waived injured guard Sheldon Mac after acquiring him from the Wizards in a trade earlier today. Atlanta announced in a press release that it has requested waivers on Mac.
As we detailed in our earlier story on the Mac deal, the 25-year-old was on a non-guaranteed salary with the Wizards this season, but suffered a torn Achilles in the fall, which essentially guaranteed that he’d receive his full-year salary. Washington reduced its projected luxury-tax bill and opened up a roster spot in the deal that sent him to Atlanta.
Mac is the second player today that the Hawks have acquired and subsequently waived. The team also traded for Okaro White in a deal with the Heat and then released him. After today’s moves, Atlanta will have one open roster spot.
What’s the purpose of these trades, trading for a player just to release them? And why give up a player or a pick in return?
Basically teams are just saying ‘here, take this player and we don’t need anything in return’
The Hawks got some extra money out of both this trade and the Okaro White one. As for the pick Atlanta’s sending out in this deal, it will probably be top-55 protected and won’t actually change hands.
Gotcha. I wonder if the money they get is really even large enough to beneficial in anyway