Pelicans Waive Rashad Vaughn, Mike James

The Pelicans have requested waivers on guard Rashad Vaughn and two-way player Mike James, per an official press release from the team. And according to Scott Kushner of The Advocate, it looks like New Orleans may use the newly acquired roster spot gained from releasing Vaughn to give the team an option to acquire another player in the upcoming buyout market.

Vaughn, who began this season with the Bucks, was acquired by the Nets in exchange for Tyler Zeller earlier this week. Then, on trade deadline day, the Nets traded him to the Pelicans in exchange for Dante Cunningham, giving New Orleans a trade exception worth $2.3MM, the value of Cunningham’s salary.

The 21-year-old former first-round pick played in only one game for the Nets and didn’t suit up for the Pelicans. In Milwaukee, he appeared in 22 games this season, averaging 2.7 PPG in only 7.9 MPG. He will become an unrestricted free agent assuming he clears waivers.

James, whose release was first reported yesterday by David Pick, asked the Pelicans to waive him so that he could return to Panathinaikos B.C. in Greece, where James helped Panathinaikos win both the Greek Cup title and the Greek Basket League championship last season.

Likely most recognized for being the first player in NBA history to have his two-way contract converted into a regular season contract, James put up respectable numbers for the Suns as a rookie earlier this season, averaging 10.4 points and 3.8 assists in 20.9 minutes per game before being waived to make room on the roster for Isaiah Canaan.

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