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Cavaliers Waive Seven Players

October 21st, 2023 at 5:07pm CST by Arthur Hill

The Cavaliers have released seven players, including three who were just signed, according to the NBA.com transactions log.

Point guard Sharife Cooper, forward Pete Nance, guard Justin Powell and swingman Zhaire Smith all have Exhibit 10 contracts, so they’re likely headed to the Cleveland Charge, the organization’s G League affiliate. They can earn bonuses of up to $75K if they spend at least 60 days with the team.

Also placed on waivers were shooting guard Rob Edwards, small forward Aleem Ford and guard Devontae Shuler, who hadn’t been listed on the Cavs’ roster prior to today. They were likely all signed and waived with Exhibit 10 deals and will be eligible for the same $75K bonus.

Two of the players have brief NBA experience, as Edwards played two games for the Thunder and Ford appeared in five games with the Magic, both during the 2021/22 season.

The moves leave Cleveland with 12 fully guaranteed salaries and all three of its two-way slots filled. Veteran center Tristan Thompson and shooting guard Sam Merrill remain with the team on non-guaranteed deals.

Magic Sign Morales, Scrubb; Waive Ford, Simpson

October 8th, 2022 at 6:21pm CST by Arthur Hill

The Magic have added guards Alex Morales and Jay Scrubb, the team announced (via Twitter). Training camp invitees Aleem Ford and Zavier Simpson were waived to create room on the roster.

The Morales deal becomes official after first being reported in mid-August. The 24-year-old was voted NEC Player of the Year and Defensive Player of the Year last season with Wagner and took part in Summer League with the Warriors. Morales has an Exhibit 10 clause in his contract and could wind up with Orlando’s G League affiliate in Lakeland.

Scrubb spent the past two years with the Clippers after being selected with the 55th pick in the 2020 draft. He got into 18 games last season and averaged 2.7 PPG in limited minutes.

Ford and Simpson both had Exhibit 10 deals, so they may also be headed to Lakeland. They signed with Orlando in late September, shortly before the start of training camp. Both players saw action in the preseason, with Ford appearing in three games and Simpson getting into two.

Contract Details: Lakers, Galloway, DSJ, McCollum, More

September 30th, 2022 at 7:59am CST by Luke Adams

When the Lakers signed Matt Ryan and Dwayne Bacon to non-guaranteed training camp contracts earlier this month, both players received Exhibit 9 clauses in their new deals, but not Exhibit 10s, Hoops Rumors has learned.

Exhibit 9 contracts are non-guaranteed camp deals that don’t count against the cap during the preseason and offer teams some protection in the event of an injury. Exhibit 10s are similar, but also allow teams to convert the player to a two-way deal (if he’s eligible) or to give him a bonus worth up to $50K if he’s waived and then spends at least 60 days with the team’s G League affiliate.

As a general rule, a player who signs a training camp contract without an Exhibit 10 clause is usually just competing for a spot on his team’s 15-man regular season roster and won’t end up playing for the club’s G League affiliate if he doesn’t make the cut.

Langston Galloway (Pacers), Dennis Smith Jr. (Hornets), LiAngelo Ball (Hornets), Cody Zeller (Jazz), Timothe Luwawu-Cabarrot (Suns), and Wes Iwundu (Trail Blazers) are among the other recently signed free agents who signed Exhibit 9 – not Exhibit 10 – contracts.

Here are a few more contract details from around the NBA:

The exact cap hits on CJ McCollum‘s new extension with the Pelicans are $33,333,333 for 2024/25 and $30,666,666 for ’25/26, Hoops Rumors has confirmed. The deal is fully guaranteed, with no options or bonuses.
Veteran players who recently signed Exhibit 10 contracts include Justin Anderson (Pacers), Norvel Pelle (Pacers), Jalen Harris (Knicks), Kostas Antetokounmpo (Bulls), PJ Dozier (Timberwolves), Brodric Thomas (Celtics), Juwan Morgan (Clippers), Zylan Cheatham (Pelicans), Zavier Simpson (Magic), and Aleem Ford (Magic), Hoops Rumors has confirmed. Anderson and Pelle were subsequently waived by Indiana.
RaiQuan Gray (Nets), Justin Bean (Grizzlies), Jacob Gilyard (Grizzlies), Jules Bernard (Pistons), Stanley Umude (Pistons), John Butler (Pelicans), Garrison Brooks (Knicks), and Nuni Omot (Knicks) are among the rookies who recently signed Exhibit 10 contracts with their respective teams, Hoops Rumors has confirmed. Brooks and Omot have since been waived by New York.

Magic Sign Aleem Ford, Zavier Simpson, Waive Joel Ayayi

September 24th, 2022 at 7:01pm CST by Arthur Hill

The Magic have set their roster for the start of training camp, signing Aleem Ford and Zavier Simpson and placing Joel Ayayi on waivers, the team announced (via Twitter).

Ford, a 24-year-old small forward, got into five games after signing a 10-day contract with Orlando last December when the roster was ravaged by COVID-19. The former Wisconsin star played most of the season with the Magic’s G League affiliate in Lakeland, averaging 12.5 points, 4.2 rebounds and 1.7 assists in 31 games.

Simpson, whose signing has been rumored since late July, started four games for the Thunder at the end of last season after inking a 10-day hardship contract in April. The 25-year-old point guard has played mainly in the G League since going undrafted out of Michigan in 2020.

Ayayi, a former two-way player with the Wizards, signed with Orlando 12 days ago and may be ticketed for the G League. The 22-year-old shooting guard saw limited playing time in seven games with Washington last season before being waived in March.

Magic Sign Four Players To 10-Day Contracts

December 17th, 2021 at 3:37pm CST by Luke Adams

The Magic have called up four players from their G League affiliate, signing swingman B.J. Johnson, guard Hassani Gravett, and forwards Admiral Schofield and Aleem Ford to 10-day contracts, the team announced today in a press release. All four Lakeland Magic players were signed using hardship exceptions.

As we detailed earlier today, the Magic found themselves shorthanded after Ignas Brazdeikis, Terrence Ross, Moritz Wagner, and R.J. Hampton entered the health and safety protocols. Orlando is also missing Jalen Suggs, Markelle Fultz, Jonathan Isaac, Michael Carter-Williams, and E’Twaun Moore due to long-term injuries, raising questions about whether the team would have the minimum required eight players available for Friday’s game vs. Miami.

Since then, Mohamed Bamba has also entered the health and safety protocols, according to the Magic (Twitter link). However, with four G League call-ups joining the seven remaining players on the NBA squad, Orlando should be able to move forward with its schedule for the time being.

Of Orlando’s four newly-added players, two – Johnson and Schofield – have NBA experience. Johnson has also been Lakeland’s leading scorer so far this season, putting up 24.7 PPG on .462/.344/.821 shooting in his first 10 games (34.5 MPG).

Schofield has averaged 14.4 PPG and 7.3 RPG in 12 G League games (33.0 MPG), while Gravett has recorded 13.6 PPG, 5.8 APG, and 5.2 RPG in 12 games (34.5 MPG) and Ford has posted 9.6 PPG and 4.4 RPG in 12 games (28.1 MPG).

The hardship provision allows teams with several players unavailable due to injuries or the health and safety protocols to add extra players on a temporary basis.