Buyout Rumors: Ellington, Jackson, Jazz

Veterans on the trading block that teams were unable to move by Thursday’s deadline could still wind up with other teams. Below are updates on some of those players:

  • The Knicks will look into buying out shooting guard Wayne Ellington, Ian Begley of SNY-TV tweets. Ellington signed a two-year, $16MM contract with New York last summer but the second year is only guaranteed for $1MM. Ellington, 32, has appeared in just 24 games this season, averaging 4.0 PPG in 14.1 MPG. He’s a 37.7% career shooter from beyond the arc.
  • A buyout of point guard Reggie Jackson is an option for the Pistons but is termed “premature” for the time being, Yahoo Sports’ Vince Goodwill tweets. Jackson, who is making over $18MM in the final year of his deal, has missed a good chunk of this season with a back ailment. He is close friends with Andre Drummond, who is headed to Cleveland.
  • The Jazz will be one of the contenders scouring the buyout market both domestically and internationally, Tony Jones of The Athletic tweets. Utah explored several deals the past two days but couldn’t find one that made sense, Jones adds.
  • The Cavaliers are apparently uninterested in buying out center Tristan Thompson. Get the details here.
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