Two-Way Player Jules Bernard Waived By Timberwolves
The Timberwolves have waived two-way guard Jules Bernard, the team announced in a press release. The 26-year-old just signed with Minnesota on Wednesday and will still receive the rest of his prorated two-way salary, giving him a nice bonus on top of his G League salary.
Bernard has spent the season with the Wolves’ G League affiliate in Iowa, averaging 22.6 points on 42.5% shooting, including 34.6% from three-point range, and 80.4% from the free throw line. He’s also contributing 6.6 rebounds and 5.1 assists in 34.5 minutes per game.
Bernard was in training camp with Minnesota on an Exhibit 10 contract, but was waived shortly before the start of the season.
His only NBA experience came on a two-way deal with Washington during the 2023/24 season. He appeared in 19 games and averaged 3.9 points and 1.4 rebounds in 7.9 minutes per night for the Wizards.
The move leaves the Timberwolves with a roster opening ahead of Wednesday’s cutoff date for signing players to two-way deals. Rocco Zikarsky and Enrique Freeman occupy the team’s other two-way slots.
Wizards Sign Julian Reese To Two-Way Contract
The Wizards have signed free agent forward Julian Reese to a two-way contract, the team announced on Saturday (via Twitter).
A Baltimore native who played four years of college ball at Maryland, Reese went undrafted in 2025 after a solid senior season with the Terrapins. He signed an Exhibit 10 deal with Toronto in the fall, was waived to secure a bonus for playing for the team’s G League affiliate, and has spent the entire 2025/26 season to this point with the Raptors 905.
Reese, a 6’9″ power forward, has appeared in 38 total games for the Raptors 905 across the Tip-Off Tournament and the regular season. The 22-year-old has averaged 7.9 points, 7.2 rebounds and 0.9 blocks in 17.2 minutes per game while shooting 62.9% from the field and 66.2% from the free throw line.
According to Josh Robbins of The Athletic (Twitter link), the expectation is that Reese could be active as early as Tuesday’s contest at Orlando.
The Wizards had a two-way opening after recently promoting Jamir Watkins to a two-year standard contract. As our chart shows, Reese will be eligible to be active for up to 13 games for Washington.
Reese is the younger brother of Chicago Sky forward Angel Reese.
Pacers Promote Quenton Jackson To Three-Year Standard Deal
February 28: Jackson has officially been converted to a standard contract, the Pacers announced in a press release. As we noted in another story, Slawson’s two-way contract has been finalized as well.
February 27: The Pacers are giving Quenton Jackson a promotion, according to Shams Charania of ESPN, who reports (via Twitter) that the two-way guard will be converted to a three-year standard contract. Jackson’s agents at Klutch Sports informed Charania of the deal.
Jackson, a four-year veteran, admitted to Tony Easy of Forbes and Circle City Spin that he had been thinking about the possibility of being promoted by Indiana (Twitter link).
“I’ve thought about it. It’s hard not to think about it,” Jackson said. “But at the same time, I wouldn’t say I wrap my head around it too much. In this game, it’s best to think about the things that you can control.”
A league source tells East (Twitter link) that Jackson’s new deal will be partially guaranteed in 2026/27 and non-guaranteed for the ’27/28 campaign.
A 27-year-old point guard, Jackson went undrafted in 2022 out of Texas A&M. He has made 30 appearances this season for the Pacers, averaging 9.2 points, 2.2 rebounds and 2.1 assists in 17.3 minutes per game. His shooting line is a very solid .489/.409/.810.
Jackson’s two-way deal expires at season’s end. And because this is his fourth NBA season, he wouldn’t be eligible for another two-way contract in 2026/27, so Indiana needed to move him to the standard roster in order to retain him beyond this year.
General manager Chad Buchanan, Dustin Dopriak of The Indianapolis Star, and most recently East previously identified Jackson as a candidate to be promoted. The Pacers were carrying an open standard roster spot, so no corresponding move was needed to convert Jackson.
Buchanan told East a couple weeks ago that Jackson was “a big part of our culture in our locker room” and lauded the fourth-year guard’s energy, toughness, and positive attitude. For his part, Jackson said he loved Indiana and his fit within the team’s offense.
Promoting Jackson will create a two-way opening for the Pacers, which they reportedly plan to fill by promoting Noblesville Boom standout Jalen Slawson. Taelon Peter and Ethan Thompson currently hold Indiana’s other two-way spots.
Pacers, Jalen Slawson Finalize Two-Way Contract
February 28: Slawson’s two-way deal is official, the Pacers confirmed in a press release. He will be eligible to be active for 13 of Indiana’s final 22 games, notes East (via Twitter).
February 27: The Pacers plan to sign free agent forward Jalen Slawson to fill the two-way contract slot previously held by Quenton Jackson, a league source tells Tony Forbes of Forbes and Circle City Spin (Twitter link). Jackson is being converted to a three-year standard deal.
The 54th overall pick in the 2023 draft after starring in college at Furman University, Slawson spent his rookie NBA season on a two-way deal with the Kings. He only appeared in 12 games for Sacramento in 2023/24, and has been plying his trade in the G League the last two years, suiting up for the Osceola Magic in ’24/25 and the Noblesville Boom — Indiana’s affiliate team — in ’25/26.
Slawson, who signed Exhibit 10 deals with the Magic and Pacers the past two falls before being waived, is having a strong season for the Boom. In 35 games in ’25/26, the 6’7″ wing is averaging 18.8 points, 7.2 rebounds, 5.3 assists, 2.1 blocks and 1.3 blocks in 34.2 minutes per contest, with a shooting line of .486/.348/.775.
Since he has been out of the league since ’23/24, this will technically be Slawson’s second year in the NBA. It wouldn’t be surprising if his contract covers two years, as has often been the case with recent two-way agreements.
In late December, Keith Smith of Spotrac referred to Slawson as “the best all-around player” to that point in the NBAGL season. That was at the conclusion of the Tip-Off Tournament (Slawson had played 10 games at that point) and prior to the regular season.
Warriors Sign Gui Santos To Three-Year Extension
Third-year forward Gui Santos has signed a multiyear contract extension with the Warriors, the team announced in a press release (Twitter link).
Santos signed a three-year, $15MM extension which features a player option in 2028/29, ESPN’s Shams Charania reports (via Twitter).
After playing a modest role for most of the season, Santos has been playing major minutes of late with Jimmy Butler sidelined due to a torn ACL. The Brazilian has thrived over his past 12 appearances, averaging 15.0 points, 5.6 rebounds, 3.8 assists, 1.6 steals and 0.9 blocks in 28.8 minutes per game.
Santos has started 10 of those 12 games, including the team’s last nine, and has posted a shooting line of .588/.431/.692 over that stretch.
Overall, Santos has appeared in 48 games (16.0 MPG) this season for Golden State, averaging 6.6 PPG, 3.2 RPG and 1.7 APG on .531/.390/.680 shooting.
Santos would have been a restricted free agent in the offseason. Instead of waiting until the summer to negotiate a new deal, the 23-year-old opted to sign a long-term extension to stay with the franchise that selected him 55th overall in the 2022 draft.
Although Santos doesn’t have a ton of NBA experience, $5MM annually is still a team-friendly rate considering his recent contributions and his projected role for the rest of the season. When I took an in-depth look at Santos a few days ago in a Front Office article, I speculated that he might be able to get $6-9MM per year in restricted free agency.
Still, having that player option for ’28/29 was a nice compromise for Santos. He will be extension-eligible again two years from now (Feb. 28, 2028) and would be an unrestricted free agent in the summer of 2028 if he declines his third-year option.
Santos was one of several players around the league eligible for veteran contract extensions. The full list can be found right here.
Mavericks Waive Tyus Jones
10:32 am: Jones has officially been waived, the team announced (via Twitter).
5:22 am: The Mavericks intend to waive point guard Tyus Jones, reports Marc Stein of The Stein Line (Twitter link). Because the move will happen before the end of the day on Sunday, Jones will retain his playoff eligibility for his next team.
Jones, 29, is an 11th-year NBA veteran known for his ability to set up teammates and take care of the ball. He has career averages of 7.3 points, 4.3 assists, and just 0.8 turnovers in 20.7 minutes per game across 738 regular season appearances for Minnesota, Memphis, Washington, Phoenix, Orlando, and Dallas.
After four-year stints with both the Timberwolves and Grizzlies, Jones has bounced around the NBA in recent years, playing for four teams in the past three seasons. He opened this year with the Magic, having signed a one-year, $7MM deal with the team during the 2025 offseason, but had a disappointing year in Orlando, averaging just 3.1 PPG and 2.6 APG on .349/.281/.875 shooting in a bench role.
Jones was traded to the Hornets at the deadline in what was a salary-dump deal from the Magic’s perspective, allowing them to duck below the luxury tax line. Charlotte subsequently flipped him to the Mavericks in a separate trade.
At the time, reports indicated that Dallas had attempted to sign Jones last summer before ending up with D’Angelo Russell and that they’d be happy to have him on the roster for the rest of the season. However, it appears as if the guard prefers to try to catch on with a playoff team.
Waiving Jones will open up a spot on the Mavs’ 15-man roster, and Stein suggests there’s a strong chance that two-way guard Ryan Nembhard will be promoted to fill that opening. Nembhard, who can’t be active for more than 50 regular season games on his two-way contract, appeared in 33 consecutive contests from late November through early February and has been active for 44 in total, but has been on Dallas’ inactive list since Feb. 5.
If the Mavs were to convert Nembhard to a standard contract in the coming days, it would remove his games-played cap for the season and would allow the club to back-fill his two-way slot by the March 4 deadline for two-way signings.
Besides Jones, veteran forward Khris Middleton is another buyout candidate in Dallas. The team has reportedly left the decision up to him, with Denver said to be among his potential suitors.
Suns Waive Cole Anthony
As expected, the Suns have waived guard Cole Anthony, reports Shams Charania of ESPN (Twitter link). Reporting shortly after the trade deadline indicated that Phoenix was expected to cut Anthony after acquiring him in a salary-dump deal.
According to John Gambadoro of Arizona Sports 98.7 (Twitter link), the Suns didn’t make the move right away because they were waiting to see if a buyout was possible. Gerald Bourguet of Suns After Dark (Twitter link) adds that Phoenix was also in no rush to waive Anthony until two-way guard Jamaree Bouyea got closer to his games-played limit.
Meanwhile, head coach Jordan Ott suggested this week Anthony was still on the roster in part to provide emergency depth due to Phoenix’s backcourt injuries, though the former first-round pick had yet to actually report to the Suns and never seemed likely to suit up for the team.
The 15th overall pick in the 2020 draft, Anthony spent his first five NBA seasons with Orlando, averaging 12.5 points, 4.3 rebounds and 3.8 assists in 24.8 minutes per contest on .419/.345/.847 shooting in 320 total games. However, his minutes have declined over the past few years and he was traded to Memphis in the 2025 offseason as part of the Desmond Bane blockbuster.
Anthony reached a buyout agreement with the Grizzlies and signed a one-year, minimum-salary contract with the Bucks. He averaged 6.7 PPG, 2.5 RPG and 3.5 APG on .424/.306/.615 shooting in a career-low 15.1 minutes per game in 35 appearances with Milwaukee this season. The Bucks traded him and Amir Coffey to Phoenix in a three-team deadline deal that allowed the Suns to duck below the luxury tax line.
As both Gambadoro and Bourguet note, the expectation is that the Suns will use the newly opened roster spot to promote Bouyea to the standard roster, making him their new 15th man. That would open up a two-way slot, which Phoenix would have until next Wednesday to fill.
As for Anthony, he’ll clear waivers on Sunday if his minimum-salary contract goes unclaimed. Because he was waived by March 1, he’ll retain his playoff eligibility if he catches on with a new NBA team between now and the end of the regular season.
Spurs Sign Mason Plumlee For Rest Of Season
1:03 pm: The Spurs have officially signed Plumlee to a rest-of-season contract, the team confirmed in a press release.
12:51 pm: The Spurs are re-signing veteran center Mason Plumlee for the rest of the season, agent Mark Bartelstein tells Shams Charania of ESPN (Twitter link).
Plumlee’s initial 10-day contract with San Antonio expired on Thursday night, but it always seemed likely that his stay with the team would extend beyond those 10 days. He wasn’t ready to play when he signed, having been in the final stages of his recovery from December groin surgery, so the fact that the Spurs still brought him in – as he spoke about how he might help the team going forward – suggested the two sides had a longer-term plan.
A 13th-year veteran who will turn 36 next Thursday, Plumlee opened the season in Charlotte, where he looked like he’d have an opportunity to play rotation minutes in a thin frontcourt. However, young players Moussa Diabate and Ryan Kalkbrenner both stepped up for the Hornets, taking the top two spots on the center depth chart and relegating Plumlee to a third-string role.
Plumlee appeared in just 14 games during his time in Charlotte, averaging 1.9 points, 2.9 rebounds, and 1.1 assists in 8.9 minutes per night. He was traded to Oklahoma City in a deadline deal that sent Ousmane Dieng to the Hornets and was subsequently waived by the Thunder.
Plumlee seems unlikely to play a bigger role in a crowded Spurs frontcourt, where fellow veterans Kelly Olynyk and Bismack Biyombo have seen limited minutes this season. But he’ll give the young team another respected locker room presence as it prepares to make its first playoff appearance since 2019.
For what it’s worth, though he didn’t play during his first 10 days with San Antonio, Plumlee’s designation on Thursday’s injury report was “return to competition reconditioning,” which suggests he has recovered from the procedure on his groin and is just working on getting back into game shape before he’s activated.
Assuming Plumlee and the Spurs finalize his new contract on Friday, he’ll receive a rest-of-season minimum salary of $939,867, while the team carries a cap hit of $593,864.
Nets Sign Grant Nelson To 10-Day Contract
8:58 am: The Nets have officially signed Nelson to a 10-day deal, the team confirmed in a press release.
8:50 am: The Nets intend to fill the open spot on their 15-man roster by calling up Grant Nelson from their G League affiliate in Long Island and signing him to a 10-day contract, agent Max Wiepking tells Michael Scotto of HoopsHype (Twitter link).
Nelson, a seven-foot power forward, went undrafted out of Alabama last June and signed a non-guaranteed camp deal with Brooklyn in October. After being waived at the end of the preseason, he reported to the Long Island Nets, with whom he has spent his entire rookie year up until this point.
In 23 total outings at the G League level, Nelson has averaged 11.0 points, 6.0 rebounds, and 1.2 assists in 19.1 minutes per game, making 55.0% of his shots from the floor and 80.9% from the free throw line.
Nelson’s 10-day deal will give him an opportunity to potentially make his NBA debut and to earn a nice bonus on top of his modest G League salary. A 10-day contract for a rookie is worth $73,153.
The Nets have been carrying an empty roster spot since acquiring and waiving Hunter Tyson in the last of their trade-deadline moves on February 5, so no corresponding move is necessary to make room for Nelson.
Grizzlies Sign Taj Gibson To Two-Year Deal
10:03 pm: Gibson’s two-year contract with the Grizzlies is now official, the team announced (via Twitter). Anderson was officially waived following his buyout.
Gibson’s minimum-salary contract for next season is non-guaranteed, confirms Michael Scotto of HoopsHype (Twitter link). It’s worth noting that since he signed a two-year deal, Gibson’s $3.8MM salary for 2026/27 will be his cap hit as well.
5:58 pm: The Grizzlies plan to sign free agent big man Taj Gibson, agent Mark Bartelstein tells Shams Charania of ESPN (Twitter link). In a full story for ESPN.com, Charania states that Gibson is signing a two-year deal with Memphis, though the second season seems likely to be non-guaranteed.
Memphis is opening up a roster spot after reaching a buyout agreement with Kyle Anderson, who plans to sign with Minnesota.
Gibson, 40, appeared in 37 games with Charlotte last season, averaging 2.9 points and 3.2 rebounds in 11.1 minutes per contest. He had been out of the NBA this season, but the longtime veteran is widely respected around the league for his leadership and professionalism, Charania notes (via Twitter).
Gibson will join a Grizzlies club which has pivoted to a full-fledged rebuild after trading Desmond Bane last summer, struggling amid another wave of injuries in 2025/26, and then sending Jaren Jackson Jr. to Utah earlier this month. The 6’9″ forward/center will serve as a mentor and add size to Memphis, which has several frontcourt players sidelined.
This will be Gibson’s 17th NBA season, and if he plays in a game for the Grizzlies, he will become just the 35th player in league history to appear in a game at age 40, per Charania.