5:04pm: The Clippers have officially waived both Wallace and guard Sindarius Thornwell, according to the NBA’s official transactions log. The 48th overall pick in the 2017 draft, Thornwell had a promising rookie season but struggled last year in a reduced role, averaging 1.0 PPG and 0.7 RPG in 64 games (4.9 MPG).
Thornwell’s $1,618,520 salary was due to become guaranteed on July 20, per ESPN’s Bobby Marks, so the Clippers won’t be on the hook for it.
3:54am: The Clippers will waive guard Tyrone Wallace, league sources tell ESPN’s Adrian Wojnarowski (Twitter link). Per Basketball Insiders, Wallace was on a non-guaranteed minimum-salary contract which would have become partially guaranteed for $300K in September, then fully guaranteed in January.
The news of Wallace’s release will be significantly overshadowed by other Clippers-related moves tonight, as the team reached an agreement to sign Kawhi Leonard and struck a deal to acquire Paul George during perhaps the most dramatic half-hour in franchise history.
Still, Wallace saw a decent amount of action as a role player for the Clips in 2018/19, averaging 3.5 PPG and 1.6 RPG in 62 games (10.1 MPG). His performance represented a step down from his 2017/18 showing, when he posted 9.7 PPG, 3.5 RPG, and 2.4 APG in 30 games (19 starts) while playing on a two-way contract.
Those rookie-year numbers helped earn Wallace an offer sheet from the Pelicans as a restricted free agent last summer, which the Clippers matched. Because of that offer sheet, New Orleans will be the only team not eligible to claim Wallace off waivers, tweets ESPN’s Bobby Marks. The former Cal standout will become an unrestricted free agent if he goes unclaimed.