8:10pm: The Bucks have confirmed they’ve requested waivers on Ilyasova.
Ilyasova is under contract for $7MM in ’20/21, the final year of his deal. However, that amount is fully non-guaranteed until tomorrow, so Milwaukee can avoid being on the hook for his salary by releasing him now.
On its surface, the decision isn’t a surprising one. Ilyasova saw his role reduced in 2019/20, as he recorded 6.6 PPG and 4.8 RPG in 63 games, playing just 15.7 minutes per contest. In the postseason, he logged just 23 minutes in three games.
However, the implications of waiving him are worth noting. He was expected to be moved to Sacramento part of the deal that would have sent Bogdan Bogdanovic to Milwaukee in a sign-and-trade.
However, that deal reportedly fell apart on Wednesday. With Ilyasova hitting waivers, it will be very difficult for the two sides to rekindle that agreement, since his $7MM expiring contract was important for salary-matching purposes. In other words, the Bucks’ decision to cut Ilyasova suggests they really are moving on from Bogdanovic.
Ilyasova will be an unrestricted free agent able to sign outright with any team, assuming he goes unclaimed on waivers this weekend.