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Grizzlies Keep James Ennis, Cut Ryan Hollins

4:18pm: The Grizzlies announced via a press release that Hollins has been waived.

1:35pm: The Grizzlies will waive Ryan Hollins today, a source tells Marc J. Spears of Yahoo Sports (on Twitter), but they’ll hold on to James Ennis, reports Ronald Tillery of The Commercial Appeal (All Twitter links here). Memphis needs a roster spot for Elliot Williams, who’s reportedly set to sign a 10-day contract with the team, so it appears that Hollins, who just signed last week, will depart. Ennis, who had already earned more than the partial guarantee on his salary by virtue of remaining under contract as long as he has this season, will see his full $845,059 one-year veteran’s minimum take, since today is the final day for NBA teams to waive non-guaranteed salary before it becomes fully guaranteed.

The details of the contract Hollins signed December 29th remain unclear, but Bobby Marks of Yahoo’s “The Vertical” offered a hint, tweeting that he’ll see about $96K for his time on the Memphis roster. That indicates that Hollins was on a non-guaranteed deal, just like the contract the Grizzlies had him on during the preseason and the one he signed with the Wizards in late November. Memphis waived him before opening night, and Washington cut him loose last month, so his latest release from the Grizzlies represents the third time he’s hit waivers in less than three months.

Ennis came to Memphis in early November via the Mario Chalmers trade, and he’s already gone on D-League assignment six times since then. He’s logged only 27 minutes at the NBA level with the Grizzlies so far, but Memphis apparently thinks he can grow into a productive player, since the team’s interest in keeping him for next season was the reason why it chose Ennis over Hollins today, according to Chris Herrington of The Commercial Appeal (Twitter link). Ennis’ contract covers 2016/17 with a non-guaranteed salary. The combo forward was the 50th overall pick in the 2013 draft.

Suns Waive Bryce Cotton

4:13pm: The Suns have officially announced that Cotton has been waived.

7:51am: The Suns are waiving point guard Bryce Cotton, reports Shams Charania of Yahoo Sports (Twitter link). The move will formally take place in advance of the close of business today, just as with the team’s release of Cory Jefferson, writes Paul Coro of the Arizona Republic. Today is the last chance that NBA teams have to cut non-guaranteed contracts before they become guaranteed for the rest of the season. Cotton, like Jefferson, is on a one-year, minimum-salary deal that’s non-guaranteed. The Suns, who’ll be left with 13 players, are expected to fill their two openings with players on 10-day contracts, according to Coro, and Charania points out that Cotton and Jefferson are eligible to sign such deals with the Suns.

Cotton joined the Suns on November 25th, after Bledsoe had missed a game with a sore right knee and Brandon Knight was feeling less than 100% about his left ankle, on which he’d undergone surgery in April, Coro notes. Phoenix kept Cotton around even as Bledsoe and Knight became healthy, and when Bledsoe tore the meniscus in his left knee last week, an injury that knocked him out for the season, it seemed Cotton’s chances of remaining on the roster had improved, but it appears the Suns will let him go anyway. Cotton’s release is poised to leave the Suns with just two point guards, at least temporarily.

Phoenix coach Jeff Hornacek used Cotton in only three games, and he totaled four points, three assists, five steals and five turnovers in 33 combined minutes. The 23-year-old who went undrafted out of Providence in 2014 was with the Spurs D-League affiliate before signing with the Suns, so he could go back to them, seek an overseas deal or try to find another NBA job. He’ll nonetheless see a prorated portion of his Suns salary worth 44/170ths of the one-year veteran’s minimum, since he has been with Phoenix for 44 days. That’ll come to $218,721, a figure that will stick on Phoenix’s books.

Which player do you think has a better chance to end up back in the NBA, Cotton or Jefferson? Leave a comment to share your thoughts.

Suns Waive Cory Jefferson

THURSDAY, 4:10pm: The Suns have officially announced the release of Jefferson.

WEDNESDAY, 11:06pm: The Suns are waiving power forward Cory Jefferson, Shams Charania of Yahoo Sports reports (Twitter link). The move comes prior to Thursday’s leaguewide contract guarantee date, so Phoenix won’t be on the hook for the remainder of Jefferson’s $845,059 salary for the season.

Jefferson, 25, was the No. 60 overall pick in the 2014 NBA draft. He has only appeared in six contests for Phoenix on the season, averaging 2.0 points and 1.7 rebounds in 4.7 minutes per game. The 6’9″ forward appeared in 50 games for the Nets in 2014/15 when he notched averages of 3.7 points and 2.9 rebounds on 44.9% shooting. Jefferson had been waived by Brooklyn back in July so that the team could avoid his non-guaranteed salary for 2015/16 becoming partially guaranteed for $150K. He inked a training camp deal with Phoenix in August and subsequently made the regular season roster.

The Suns’ roster count will drop to 14 players as a result of waiving Jefferson, which will leave one open slot to add a player via a 10-day signing or a trade.

Sixers Waive Christian Wood

TUESDAY, 7:24pm: Upon clearing waivers, Wood is expected to join the Sixers’ D-League’s affiliate, the Delaware 87ers, a league source informed Adam Johnson of the D-League Digest (Twitter link).

MONDAY, 12:47pm: The move is official, the team announced via press release.

11:39am: The Sixers will release power forward Christian Wood to make room for Elton Brand, reports Keith Pompey of The Philadelphia Inquirer (Twitter link). Brand is poised to sign with the team today, as Shams Charania of Yahoo Sports reported about an hour ago, and the Sixers, with 15 players on the roster, have to offload one of them to make way for Brand. Wood has a four-year deal for the minimum salary, but only $50K was guaranteed. He’s earned more than that $50K by sticking on the roster as long as he has, so the Sixers won’t owe him any more money if they cut him today.

It would be no surprise to see Wood go, as he’s seen only 13 minutes of action for Philadelphia since November 20th. The Sixers have assigned him to the D-League three times since then, and the team has yet to recall him from his most recent assignment, which began December 18th. The undrafted rookie from UNLV has averaged 3.6 points in 8.1 minutes per game in 14 appearances on the NBA level. His D-League numbers were much better, naturally, as he posted 15.4 points and 9.7 rebounds in 27.0 minutes per contest, but it appears they weren’t attractive enough to keep him on an NBA roster.

Philadelphia chose to retain Wood for opening night instead of shooting guard Scottie Wilbekin, in spite of Wilbekin’s $200K partial guarantee. Wood, one of the most well-regarded prospects to be passed over on draft night this year, reportedly struck a deal with the Rockets shortly after the draft, but that never materialized into a formal signing, allowing the Sixers to swoop in. Houston has an open roster spot, though the Rockets would have to wait for Wood to clear waivers to revisit the idea of adding him.

Do you think we’ll see Wood in the NBA again soon? Leave a comment to tell us.

Jazz Release Elijah Millsap

2:11pm: The move is official, the team announced.

2:06pm: The Jazz have told Elijah Millsap that they’re waiving him, reports Shams Charania of Yahoo Sports. Charania indicates that the team has already released his non-guaranteed contract, though Utah has yet to make an official announcement. His minimum-salary pact would become fully guaranteed if not waived by the close of business Thursday, and it would also be guaranteed if another team claims him off waivers and keeps him after that date. Several other clubs are expected to have interest in the 6’6″ swingman, according to Charania. Millsap is in the second season of a three-year deal, so only a limited number of teams can snag him off waivers, unlike players signed to two-year minimum contracts.

The move, once official, will bring Utah down to 14 players, one under the limit. Chris Johnson also has a non-guaranteed contract, and while Jeff Withey has a partial guarantee of $200K, he’s already earned more than that by virtue of sticking on the roster as long as he has. That means Utah can waive Withey and avoid further financial obligation, just as with Johnson and Millsap.

Millsap, a younger brother of former Jazz power forward Paul Millsap, joined Utah on a 10-day contract almost a year ago to the day. Once that expired, he signed another 10-day deal and finally the three-year pact as the Jazz turned him into a rotation mainstay last season. That changed this year, as his 19.7 minutes per game from 2014/15 dwindled to 8.7 in 2015/16. He shot just 28.2% in 173 attempts from the floor this season, so it appears the team concluded his defensive prowess couldn’t make up for his offensive shortcomings. The 28-year-old client of Brendrick DeAngelo Simmons and Daniel Hazan has been to training camp with the Lakers, Thunder and Bucks in the past since going undrafted out of UAB in 2010, and he spoke with Zach Links of Hoops Rumors in September 2014 about his journey to the NBA.

The Jazz gave out more 10-day contracts than any other NBA team last season, so it wouldn’t be surprising to see them use Millsap’s roster spot to again cycle through players on those short-term deals. Millsap would be eligible to re-sign with Utah if he clears waivers, though that would seem unlikely.

Can you envision another NBA team as a better fit for Millsap? Leave a comment to share your thoughts.

Sixers Sign Elton Brand

12:48am: The sigining is official, the team announced via press release.

11:45am: Brand confirms that he’ll sign with the Sixers in a piece written for Sports Illustrated’s “The Cauldron” blog, noting that Duke coach Mike Krzyzewski helped convince him to return to play. “I’m not coming here to hold Jahlil [Okafor]’s hand — or anyone else’s, for that matter — because that’s not what he needs,” Brand wrote in part. “But I do believe my experience and wisdom can benefit him and my other young teammates. It’s about communicating with them like men, starting to grow together, and — hopefully, eventually — winning some ballgames. That’s what Sam Hinkie and I talked about when he approached me about joining the team, and what has me so excited about this opportunity.”

The Sixers are reportedly waiving Christian Wood to make room for Brand, as we detail here.

10:40am: The Sixers plan to sign Elton Brand today, league sources tell Shams Charania of Yahoo Sports (Twitter link). It’s not clear what sort of deal Brand will end up with, though it could be a 10-day contract if the sides hold off until Tuesday. TNT’s David Aldridge first reported last month that the Sixers were talking with the former No. 1 overall pick, though it wasn’t clear whether it was about a playing, coaching or front office role. Zach Lowe of ESPN.com identified Brand, who turns 37 in March, as a name to keep an eye on with new chairman of basketball operations Jerry Colangelo seemingly poised to add veterans. Philadelphia has 15 players already, so it would appear a corresponding move will be necessary.

Brand hinted over the summer that he was ready to retire, though he didn’t commit to the idea. He spent the past two seasons as a reserve on the Hawks, but he indicated in August that neither Atlanta nor another NBA team had made him an offer for this season.

The Sixers had Brand for four seasons before waiving him via amnesty in the summer of 2012. The Mavs soon thereafter submitted a partial claim to snag him off amnesty waivers. Philadelphia wasn’t eligible to bring him back while his amnestied contract was still in effect, but it expired in 2013.

Philadelphia has nine fully guaranteed contracts, though the Sixers haven’t been reluctant to waive guaranteed salaries of late, with Tony Wroten‘s Christmas Eve release the latest example. T.J. McConnell and Christian Wood have partially guaranteed salaries but have already earned more than their partially guaranteed amounts, meaning the Sixers wouldn’t owe them any more if they waived them today. Robert Covington, JaKarr Sampson, Ish Smith and Hollis Thompson have non-guaranteed salaries, though none of them appear to be likely waiver candidates.

Do you think Brand is the right veteran influence for the Sixers? Leave a comment to tell us.

Grizzlies Sign Ryan Hollins, Waive Russ Smith

TUESDAY, 11:30am: The signing of Hollins is official, the Grizzlies announced. The team also confirmed that Smith has been waived.

MONDAY, 11:00pm: The Grizzlies will waive Russ Smith in order to make room on the roster for the signing of center Ryan Hollins, Shams Charania of Yahoo Sports reports. Hollins was with Memphis during training camp prior to the season and he made a strong impression on the team, Charania adds. The Grizzlies are limited to giving Hollins the minimum salary, though it’s unclear if he’ll have any guaranteed money.

Smith’s contract runs through the 2016/17 season and he’ll make slightly more than $845K this year, all of which is guaranteed. His salary for next season was set to be roughly $980K, though that salary is non-guaranteed.  The Louisville product was averaging 1.5 points in 4.4 minutes per game this season.

The move to add Hollins isn’t expected to be a temporary one, Chris Herrington of The Commercial Appeal reports (Twitter links). Backup center Brandan Wright remains out with a knee injury, so Hollins shouldn’t have to wait too long to see minutes for the Grizzlies.

Chris Crouse contributed to this post.

Pelicans Trade Ish Smith To Sixers

Mark J. Rebilas / USA TODAY Sports Images

Mark J. Rebilas / USA TODAY Sports Images

4:04pm: The trade is official, the Pelicans announced on their website and the Sixers announced via press release. Philadelphia released Tony Wroten to accommodate the move, as we detail here.

3:16pm: The Sixers are on the verge of acquiring Ish Smith from the Pelicans, reports Marc Stein of ESPN.com (Twitter link). Philly will send two future second-round picks to New Orleans in exchange for Smith, a source said to Marc J. Spears of Yahoo Sports (on Twitter). Smith spent the second half of last season with Philadelphia and thrived there, but the Sixers didn’t re-sign him in free agency this past summer. Philadelphia has a full 15-man roster, so it would have to make a corresponding move if Smith came in and nobody went out in the trade.

Smith proved valuable early this season for the Pelicans, who claimed him off waivers from the Wizards shortly before opening night. The 27-year-old averaged 8.3 assists against 2.1 turnovers through the first 16 games of the season. However, his playing time has dwindled since the return of backup point guard Norris Cole from injury, as Smith has played less than 10 minutes in four of the Pelicans’ last five games.

The timing of the move for Philadelphia is somewhat odd, since point guards Kendall Marshall and Tony Wroten recently made their season debuts after recovering from injuries. The Sixers also have Isaiah Canaan and rookie T.J. McConnell at the position.

It’s the first move of consequence for the Sixers since Jerry Colangelo became chairman of basketball operations, and it represents a departure of sorts from GM Sam Hinkie‘s philosophy, since Hinkie was notorious for stockpiling second-rounders. Smith is just the second player on the team who’s older than 25, but though he has five years of NBA experience, he doesn’t quite fit the profile of the sort of long-tenured veteran the Sixers have been rumored to be seeking. Smith doesn’t figure to markedly change the direction of the Sixers, who at 1-30 are the first team ever to win just a single game in their first 31 outings.

Smith isn’t a lavish expenditure for Philadelphia, either. His contract is non-guaranteed for the minimum salary and covers only one season. He agreed to those terms with the Wizards before the start of training camp, joining Washington even though he faced long odds to make the opening night roster. The Wizards cut him, as expected, in late October, allowing the Pelicans to scoop him up. Smith was briefly with New Orleans last season, when the Pelicans acquired him in a deadline-day trade from the Thunder, but the Pelicans waived him immediately after that deal, and Philadelphia claimed him shortly thereafter. Smith averaged 12.0 points, 6.1 assists and 2.8 turnovers in 27.1 minutes per game across 25 appearances for the Sixers last year.

New Orleans appears poised to open a roster spot if the deal goes through as reported so far. Cole, Jrue Holiday, Toney Douglas and Tyreke Evans are all around to man the point guard position. The move would appear to be a positive development for Douglas, whose contract isn’t fully guaranteed.

Which team do you think is getting the better end of this deal? Leave a comment to share your thoughts.

Sixers Release Tony Wroten

4:02pm: The move is official, the Sixers announced via press release.

3:42pm: The Sixers are releasing Tony Wroten to make room for the recently acquired Ish Smith, a source tells Marc Spears of Yahoo Sports (Twitter link). Philadelphia had been carrying the league maximum of 15 players. The decision to waive Wroten is a bit of a surprise, since he is one of 10 players on Philly’s roster carrying a fully guaranteed contract, so they’ll be on the hook for the remainder of his $2.179MM salary, assuming he clears waivers.

Wroten was in the fourth and final year of his rookie-scale contract. Although he only played in 30 contests last year due to injury, he led the team in points per game, averaging a total of 16.9 each night. His minutes have been cut down quite a bit this season however, as rookie T.J. McConnell has played relatively well manning the point, and Wroten has struggled shooting since coming back from injury, having hit on just 33.8% of his shots.

The Clippers had some interest in Wroten last season, as Dan Woike of the Orange County Register points out on Twitter, but they don’t have room on their roster to accommodate a waiver claim or eventual signing, barring a corresponding move. It’s fair to infer the Pelicans passed up on the chance to acquire Wroten, so it appears his value has taken a hit as a result of his poor play this year.

Wizards Sign Jarell Eddie, Waive Ryan Hollins

WEDNESDAY, 10:30am: The moves are official, the team announced.

1:21pm: It’s expected to be a one-year, non-guaranteed deal for Eddie, Charania writes in a full story. That’ll force a decision no later than January 7th, the last day teams can waive non-guaranteed deals without them becoming fully guaranteed. The Wizards have the capacity to give Eddie more than the prorated minimum salary, with a $1.464MM sliver of the mid-level exception still in their quiver, but non-minimum signings are rare for midseason acquisitions, and especially so for players coming up from the D-League. Sources who spoke with Charania wouldn’t close the door on the possibility that the Wizards will re-sign Hollins later this season.

TUESDAY, 12:52am: The Wizards plan to sign Jarell Eddie and waive Ryan Hollins, sources tell Shams Charania of Yahoo Sports (Twitter link). Eddie, a one-year NBA veteran, has been playing for the Spurs affiliate in the D-League since the Warriors cut him at the end of the preseason. Hollins is on a non-guaranteed deal he signed November 30th, but Eric Pincus of Basketball Insiders reported last week that it would become fully guaranteed if Washington keeps him past December 27th, which the team apparently doesn’t intend to do.

Eddie, a 24-year-old small forward, was averaging 14.1 points in 28.6 minutes per game with the Austin Spurs, but it’s his blistering 3-point shooting that sets him apart. He’s made 32 of 61 attempts so far this season, good for 52.5%. He shot 45.2% on 281 attempts from beyond the arc in the D-League last season. He’s yet to appear in an NBA regular season game, though he has credit for one year of service thanks to the 10-day contract he signed last March with the Hawks. Eddie will help offset the loss of Bradley Beal, whom the team declared out for at least two weeks on December 12th because of a stress reaction in his leg.

Hollins has made three starts during his brief Wizards tenure, but he’s averaged only 9.6 minutes across five total appearances and hasn’t played in any of the team’s last five games. The 31-year-old signed with the Grizzlies for camp but didn’t stick for opening night in Memphis.

Washington is dealing with a hail of injuries, with Beal, John Wall, Otto Porter, Drew Gooden, Nene and Alan Anderson all dealing with some sort of malady, as CBSSports.com details. Still, none appear certain to keep anyone out for more than the next two weeks, so a hardship exception for an extra roster spot isn’t in play.

Do you think we’ll see Hollins in the NBA again this season? Leave a comment to tell us.