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Bulls Waive Quincy Pondexter

5:13pm: With the Nikola Mirotic trade now official, Pondexter has formally been waived.

12:57pm: The Bulls intend to waive veteran sharpshooter Quincy Pondexter, reports Shams Charania of Yahoo Sports (Twitter link). The move will clear a second roster spot for Chicago, allowing the team to accommodate the incoming players in a three-for-one trade with the Pelicans.

[RELATED: Bulls to trade Nikola Mirotic to Pelicans]

Pondexter, who will turn 30 in March, missed the last two NBA seasons while dealing with health problems that were viewed as potentially life-threatening. However, he was able to get back on the court this season, playing for the Bulls after a September salary-dump trade sent him from New Orleans to Chicago.

Although Pondexter has been able to play again, he hasn’t been his old self — in 23 games (8.5 MPG) for the Bulls, he has averaged just 2.0 PPG with a dismal .286/.136/.824 shooting line. Coming into 2017/18, he owned a career .424 FG% and .365 3PT%.

Pondexter’s $3,853,931 salary will remain on the Bulls’ cap for this season, but that’s not of major concern to the franchise, since team salary remains below the minimum floor for 2017/18. Pondexter’s contract expires at season’s end, so Chicago won’t be on the hook for any future salary.

Suns Buy Out Greg Monroe

FEBRUARY 1, 4:06pm: The Suns have officially waived Monroe, according to a press release issued by the club. He’s on track to clear waivers on Saturday.GregMonroe vertical Getty

We rounded up several rumors on Monroe’s next landing spot earlier today.

JANUARY 31, 9:53pm: The Suns and Greg Monroe have reached an agreement on a buyout, tweets Scott Bordow of The Arizona Republic. Adrian Wojnarowski of ESPN adds that there will be “significant interest” around the league in signing Monroe to a rest-of-the-season contract once he becomes an unrestricted free agent.

The timing of the deal is a bit peculiar with the trade deadline about a week away, but Bordow surmises that a worthy deal likely wouldn’t have materialized for Monroe anyway, so the timing really didn’t matter to Phoenix. Wojnarowski adds that the Suns did in fact exhaust all trade possibilities before agreeing to the buyout.

Monroe, who was sent to the Suns earlier this season in the move that landed Eric Bledsoe in Milwaukee, had seen inconsistent minutes since arriving in Phoenix, with Tyson Chandler and Alex Len also vying for minutes at the five. Monroe has been viewed as a candidate to be traded or bought out since the Suns acquired him — a trade would have been challenging due to his $17.88MM cap hit.

Earlier in the evening, John Gambadoro of ArizonaSports.com opined that a buyout could be forthcoming after Monroe was not in attendance for tonight’s game against Dallas. Multiple sources indicate that the Celtics, who possess an $8.4MM disabled player exceptionare a team to watch in the Monroe sweepstakes, with Chris Mannix of Yahoo Sports reporting that the interest is expected to be mutual.

Helping Boston is the fact that its disabled player exception – acquired as a result of the season-ending injury to Gordon Hayward – does not prorate throughout the season. As detailed by ESPN’s Bobby Marks, this is different from the mid-level exception that most teams would utilize to offer Monroe a salary over the minimum.

In addition to the Celtics, another team said to be interested in Monroe is the Pelicans, per Bordow. New Orleans is in a position to make the playoffs and just lost All-Star DeMarcus Cousins for the rest of the season. Moreover, a potential deal for Nikola Mirotic just fell through after New Orleans refused to guarantee Mirotic’s 2018/19 salary.

New Orleans is over the cap and wouldn’t be able to offer a free agent more than the prorated portion of the bi-annual exception — even that would be tricky due to the team’s hard cap and tax ramifications. Still, Monroe is from the New Orleans area, so the Pelicans may be hoping that he is willing to take some sort of hometown discount. In addition, New Orleans could offer him a starting position, while the Celtics would almost certainly bring him off the bench.

The Thunder could also be a dark horse in the Monroe sweepstakes, according to Mannix. Meanwhile, the Bucks are ineligible to re-sign Monroe after trading him earlier in the league year.

Clippers Trade Blake Griffin To Pistons

11:46pm: The trade is now official, according to a press release issued by the Pistons.Blake Griffin vertical

“We are serious about winning, and this is a major move to improve our team,” Pistons owner Tom Gores said in a statement.Blake Griffin is one of the NBA’s elite players, and when you get an opportunity to add that kind of talent, you take it. … He is a great fit for our team and will bring a combination of toughness and athleticism that will elevate our team and excite our fans.”

5:20pm: The Clippers have agreed to trade star power forward Blake Griffin to the Pistons in a multi-player deal, Adrian Wojnarowski of ESPN tweets. Detroit will ship forward Tobias Harris, shooting guard Avery Bradley, center Boban Marjanovic, a first-round pick and a second-round draft pick to the Clippers, Wojnarowski adds, citing league sources.

Forward Brice Johnson and center Willie Reed are also heading to Detroit, Wojnarowski adds in another tweet.

Detroit’s 2018 first-round pick is protected if it’s a top-four selection, according to Wojnarowski; It has the same protection for the next two drafts, then goes unprotected in 2021. The second-round pick in the trade will come in the 2019 draft (Twitter link).

The Pistons, long rumored to be active on the trade market, have been trying to shake up their team while nosediving down the Eastern Conference standings. They have lost eight in a row and now sit in the ninth spot in the East. Wojnarowski had reported just hours ago that Detroit was shopping Bradley and his expiring contract.

Griffin re-signed with the Clippers on a five-year max deal over the summer, so the Pistons are taking on an enormous salary commitment in order to pair him with current franchise player Andre Drummond. Griffin is making $29.5MM this season and he’ll be due another $141.6MM over the next four years, though the final year of the contract includes a player option.

The longtime Clipper will also receive a $860K trade bonus spread over the next four seasons, salary-cap expert Bobby Marks of ESPN tweets. The Griffin trade bonus is not voided because his current salary is slightly below the max, Marks adds.

The Clippers are in the playoff hunt at 25-24, so dealing Griffin certainly signals a change in the franchise’s long-term direction. It’s possible that this will be the first of multiple moves for the Clippers, since players like DeAndre Jordan and Lou Williams have also been considered potential trade candidates.

Aside from Drummond, who is making approximately $23.8MM this season, Harris and Reggie Jackson are Detroit’s highest-paid players at $16MM this season. Bradley is making $8.8MM and Marjanovic is pulling in $7MM this season. Johnson is earning approximately $1.3MM and Reed has a $1MM contract this season.

Both teams are hard-capped and near the luxury-tax line, as Marks notes in a tweet, so it was crucial that each team sent and received about the same amount of money.

The Clippers will get cap relief in the long run as the contracts of Harris and Marjanovic expire after the 2018/19 season. Once this deal is finalized, Danilo Gallinari‘s contract will represent the only guaranteed money on L.A.’s cap beyond 2019.

Photo courtesy of USA Today Sports Images.

Lakers Will Not Re-Sign Nigel Hayes

The Lakers will not re-sign forward Nigel Hayes after his 10-day contract expired tonight, Tania Ganguli of The Los Angeles Times tweets. The 23-year-old rookie saw action in two games during his stint with the club, seeing a grand total of 11 minutes.

Hayes, an undrafted combo forward out of Wisconsin, will hit the open market while Los Angeles frees up a roster spot with which they can test drive other free agents.

With a glut of forwards already on board in L.A., Hayes’ chances of breaking into the Lakers’ rotation were slim from the start.

Hayes previously went through training camp with the Knicks.

Mavs Sign Kyle Collinsworth To Second 10-Day Deal

JANUARY 24: The Mavs have made it official, announcing today in a press release that they’ve signed Collinsworth to a new 10-day contract. Collinsworth’s new deal will run through next Friday.

JANUARY 23: Kyle Collinsworth‘s initial 10-day contract with the Mavericks expired last night following Dallas’ blowout win over the Wizards, but the rookie guard is expected to get a new deal soon from the club. According to Eddie Sefko of The Dallas Morning News, Collinsworth said after that game that coaches told him he’ll be signed to a second 10-day contract on either Tuesday or Wednesday.

Collinsworth, 26, was on a two-way contract with the Mavs earlier this season, but was waived from that deal on January 10. He signed a 10-day pact just three days later, and appeared in a pair of games during that stretch. In Monday night’s win, Collinsworth posted four points, four rebounds, three assists, and two steals, with a +23 rating in just 19 minutes.

The Mavericks currently have 14 players on fully guaranteed contracts, leaving an open spot to re-add Collinsworth. Once his second deal is finalized, he’ll spend another 10 days on the Mavs’ roster, then Dallas will be forced to decide whether to let him go or sign him to a rest-of-season contract.

Sixers Sign Larry Drew II To 10-Day Contract

The Sixers have reunited with veteran guard Larry Drew II, according to Kyle Neubeck of PhillyVoice.com, who first tweeted that the club was set to sign Drew to a 10-day contract. A formal press release issued by the 76ers has confirmed that the move is official.

Drew, who was in camp with the Heat in the fall, was waived before the regular season began and returned to the Sioux Falls Skyforce. Drew has been a regular contributor for Miami’s G League affiliate for the last few seasons, and this year is no exception. In 26 games with the 2017/18 Skyforce, he has posted 11.3 PPG, 7.5 APG, and 5.1 RPG.

Drew’s only NBA experience came back in 2014/15 for the Sixers. That season, he appeared in 12 NBA contests for the team, but struggled with his shot in limited minutes. Drew averaged 3.8 PPG and 3.8 APG with a .345/.154/.667 shooting line in 18.3 minutes per contest.

The timing of the move makes sense, as the Sixers are currently dealing with a number of injuries in their backcourt. In addition to long-term injuries to rookies Markelle Fultz and Furkan Korkmaz, the club also has J.J. Redick on the shelf with a leg ailment, and Jerryd Bayless has been battling a wrist issue. Drew will provide some depth and insurance at guard for Philadelphia.

The Sixers only have 14 players on guaranteed contracts, not including two-way players, so they have an open spot on their 15-man roster. As such, no corresponding move is necessary in order to add Drew.

DeAndre Liggins Gets Second 10-Day Deal With Pelicans

The Pelicans have signed guard DeAndre Liggins to a second 10-day contract, the team announced on its website.

Liggins appeared in just one game for New Orleans during the first 10-day deal, scoring four points in 11 minutes. The team needs roster depth with Alexis AjincaFrank JacksonTony Allen and Solomon Hill all sidelined by injuries. The Pelicans were granted a $2.75MM disabled player exception on Wednesday.

Liggins played 31 games for the Bucks, averaging 1.8 points per night, before being waived earlier this month. He has been with seven teams since entering the league in the 2011/12 season.

Once Liggins’ second 10-day contract expires, the Pelicans will either have to release him or sign him for the rest of the season.

Celtics Sign Jarell Eddie To 10-Day Deal

JANUARY 20, 11:22am: The Celtics have made the signing official, the team announced in a press release.

JANUARY 19, 10:48am: The Celtics intend to fill their open roster spot by signing free agent swingman Jarell Eddie to a 10-day contract, reports Shams Charania of Yahoo Sports (via Twitter). Boston has been carrying 14 players on its roster (not counting two-way contracts), so no corresponding move will be required to add Eddie.

Eddie, who played his college ball at Virginia Tech, went undrafted in 2014 spent time in camps with the Hawks, Celtics, and Warriors before eventually making his regular season NBA debut with the Wizards in 2015. The 26-year-old has appeared in 31 total games for Washington and Phoenix since then, averaging 2.8 PPG and 1.0 RPG in very limited action (6.7 MPG).

After joining Chicago for training camp and the preseason this fall, Eddie headed to the G League to play for the Windy City Bulls. Limited to 10 G League contests due to injuries, he has been productive when he has played, posting 17.2 PPG and 4.1 RPG with an impressive .490/.500/.947 shooting line.

Assuming Eddie doesn’t officially sign his 10-day deal until Saturday or Sunday, he’d be eligible to play in five games for the Celtics before his contract expires. When Eddie’s 10-day deal ends, the Celtics would have the opportunity to sign him to another 10-day pact before deciding whether or not to commit to him for the rest of the season.

Lakers Sign Nigel Hayes To 10-Day Deal

JANUARY 19: The Lakers have officially signed Hayes to a 10-day contract, the team announced today in a press release. The deal will run through next Sunday.

JANUARY 18: The Lakers plan to sign forward Nigel Hayes to a 10-day contract, Shams Charania of The Vertical tweets. The 23-year-old went undrafted out of Wisconsin last summer but did end up briefly catching on with the Knicks in training camp.

Hayes averaged 14.0 points and 6.2 rebounds per game across three seasons with the Badgers and will slot into a Lakers depth chart that could use depth down low.

In 30 games with the G League’s Westchester Knicks this season, Hayes has averaged 14.9 points and 6.6 rebounds per contest.

Bucks Sign Marshall Plumlee To Two-Way Deal

10:55pm: The club has confirmed the signing via press release.

3:02pm: The NBA ranks will once again feature three Plumlee brothers, with Shams Charania of Yahoo Sports reporting (via Twitter) that the Bucks are poised to sign Marshall Plumlee to a two-way contract. Plumlee’s brothers Mason Plumlee (Nuggets) and Miles Plumlee (Hawks) are currently on standard NBA deals.

Plumlee, 25, saw his first NBA action last season, appearing in 21 games for the Knicks. The seven-footer wasn’t retained by New York and caught on with the Clippers for training camp in the fall, but was waived at the end of the preseason. Since then, Plumlee has been suiting up for the Agua Caliente Clippers of Ontario in the G League, averaging 8.7 PPG and 7.8 RPG in 27 games for the club.

Once the signing is official, Plumlee will join Xavier Munford to fill the Bucks’ two-way contract slots. Milwaukee had been one of the few teams with an opening for a two-way signing entering the day today, so no corresponding move is required to make room for the new addition.

Based on the two-way moves reported and made official throughout the day, only the Wizards still have one of their two slots open.