The move saves Atlanta $300K, which Taylor would have received if he had remained on the roster through Saturday. His $1,544,951 salary for next season would have been fully guaranteed if he was still on the roster through July 27th.
The 6’3” point guard appeared in 67 games last season and averaged 6.6 PPG and 3.1 APG.
Atlanta acquired the rights of Oklahoma point guard Trae Young in a draft-night trade with the Mavericks. The Hawks also have last year’s starter, Dennis Schroder, on the roster though he’s been the subject of trade discussions.