10:37pm: The Warriors tweet that they have officially dealt Wanamaker to the Hornets. The terms of the deal are as follows:
- Hornets acquire Wanamaker, the Raptors’ 2022 second-round pick (top-54 protected), and cash.
- Warriors acquire the Hornets’ 2025 second-round pick (top-55 protected).
Golden State won’t receive any players or picks in return, tweets Anthony Slater of The Athletic. Charlotte has the room to absorb Wanamaker’s $2.25MM cap charge, so no salary-matching was necessary.
Cash will be involved in the deal, per Slater, though it’s unclear which team is receiving it. Given Wanamaker’s middling production and the Warriors’ sizeable tax bill, I’d expect Golden State to be the team sending out cash, but Wes Goldberg of The San Jose Mercury-News says it’ll be Charlotte doing so. We’ll have to wait for more details.
Wanamaker was expendable because Golden State views rookie Nico Mannion as its backup point guard moving forward, according to Monte Poole of NBC Sports (Twitter link). The Warriors were able to open two roster spots today ahead of the buyout season.
After signing with the Warriors as a free agent in November, Wanamaker appeared in 39 games, all as a reserve, and averaged 4.7 points and 2.5 assists per night.