The Hawks submitted a successful waiver claim for former Timberwolves point guard Tyrone Wallace, tweets ESPN’s Adrian Wojnarowski. Wallace was Minnesota’s final cut on Monday as the Wolves trimmed their roster to the league limit.
Atlanta will inherit his $1.6MM non-guaranteed contract, which comes with a daily cap hit of $8,973, according to Bobby Marks of ESPN (Twitter link). The Hawks are now up to 15 players and will have $3.7MM in remaining cap room as long as Wallace stays on their roster. His contract will become fully guaranteed on January 7, which is the league-wide guarantee date.
Wallace, 25, spent the past two seasons with the Clippers, averaging a 5.5 PPG in 92 combined games. He had a promising rookie season, but fell out of the rotation last year and saw his playing time cut to 10.1 minutes per night. The Wolves claimed him in July after he was waived by L.A.