McRae has barely played in Denver since being acquired from the Wizards at the trade deadline. He appeared in four games, averaging 2.3 points and 8.0 minutes of playing time. He put up a career-best 12.8 PPG in 29 games with Washington before the deal.
Mike Singer of The Denver Post speculates (via Twitter) that the Nuggets are releasing McRae more as a favor to him than for any other reason. The team already had an open spot on its roster, so it didn’t need to create another one. McRae simply didn’t have a role in Denver.
Phoenix also has an opening on its roster after waiving Tyler Johnson and electing not to sign Jonah Bolden to a second 10-day contract, notes Gina Mizell of The Athletic (Twitter link). If the Suns are planning to sign McRae, they have the option of claiming him off waivers to obtain his Early Bird rights, adds ESPN’s Bobby Marks (Twitter link).
If the Suns do decide to claim McRae, his cap hit would no longer be included on Denver’s books and a buyout agreement wouldn’t be necessary — Phoenix would simply absorb his minimum-salary contract.
Today marks the final day that players can be waived and still be eligible for the postseason with their new team.