The Hornets have waived Mike Conley after acquiring him on Wednesday in a trade with Chicago, the team announced (via Twitter).
The veteran point guard will be eligible to sign with any team except for the Bulls if no one claims him and his $10.8MM salary on waivers. There have been reports that he may be interested in returning to the Timberwolves, which would be permitted since he was traded twice before being released, but there’s no confirmation that will be his next move.
Minnesota is adding a guard in today’s trade with Chicago for Ayo Dosunmu, but still has two roster openings if there’s mutual interest with Conley.
Conley, 38, moved into a reserve role for the Wolves this season for the first time since being acquired from Utah at the 2023 trade deadline. He appeared in 44 games, averaging 4.4 points, 1.4 rebounds and 1.8 assists in 18.5 minutes per night with .322/.321/.891 shooting numbers.
Conley was sent to the Bulls on Tuesday in a three-team trade that also involved Detroit. He was shipped to Charlotte a day later in the Coby White deal.

Probably the most high IQ pg in the League
Yes Big D.., One of my favorite players and very underrated up until about a year and a half ago when he really started slipping.
He was a star in Memphis, did really well in Utah, and served the wolves well for a time. Again, super underrated. Clutch shooter.
Definitely slipped, but definitely a player to have on the roster in the playoffs when you’re in crunch situations and just need someone to make the right pass. Night in night out, his value is low, but for key moments his value is priceless
would love to have him back with the wolves
He probably will unless he thinks he can play a lot of min for Rockets. He would start or be back up to Reed.
Rockets is actually a good fit
is ayo a point guard though?
Not really . Combo guard but leans toward the 2. Regardless he’ll def help bc he can guard other teams guards and handle the ball well. I don’t know how bulls didn’t get Beringer in the deal smh
Lakers? Replace Vincent
Brad Stevens get it done.
He’d be perfect for what they need.
NYK should be all over him particularly with McBride down. I believe they have sufficient space at this point.