Raptors Waive Chris Paul
The Raptors have waived veteran point guard Chris Paul, the team announced today.
Toronto acquired Paul from the Clippers at last week’s trade deadline in a financially motivated deal. There was never an expectation that CP3 would suit up for the Raptors, so it was just a matter of time before this transaction occurred.
After spending last season in San Antonio and starting all 82 regular season games for the Spurs, Paul sought a team in free agency last offseason that would allow him to stay close to home in Los Angeles. He eventually came to terms with the Clippers on a one-year, minimum-salary agreement.
However, the future Hall-of-Famer’s 21st NBA season didn’t play out as planned. There was reportedly some tension over his limited role and his “abrasive” locker-room presence. With the Clippers off to a dismal start to the season, they announced in early December that they were “parting ways” with Paul, who would remain on the roster but would no longer be around the team.
L.A. didn’t want to waive Paul, since it would mean eating his guaranteed salary and leaving his $2.3MM cap hit on the team’s books, compromising the front office’s ability to make additional moves around the edges of the roster. Eventually, the Clippers got involved in a three-team deadline deal with the Raptors and Nets that allowed them to move off Paul’s minimum-salary contract while Toronto shed Ochai Agbaji‘s expiring $6.4MM salary in order to duck out of luxury tax territory.
Waiving Paul will create an open spot on the Raptors’ 15-man roster, with no urgency to fill it until at least the end of the All-Star break — and perhaps even later than that. Toronto will have the option of perusing the buyout market for a veteran free agent or perhaps elevating a two-way player like Alijah Martin to the standard roster.
As for Paul, he’ll clear waivers on Sunday, but his NBA career will come to an end here. The 40-year-old announced shortly after being waived by Toronto that he has decided to retire. Our full story on that announcement can be found here.
Spurs Agree To Waive Jeremy Sochan
The Spurs have agreed to grant Jeremy Sochan his release, reports Shams Charania of ESPN (Twitter link). The team officially announced in a press release that the fourth-year forward has been placed on waivers.
The No. 9 overall pick in the 2022 draft, Sochan had fallen out of San Antonio’s rotation since December and was viewed as a change-of-scenery candidate ahead of last week’s trade deadline. The club reportedly gave his representatives permission to explore a potential move leading up to February 5.
The Spurs, one of three NBA teams not to make an in-season trade, didn’t make a deadline deal involving Sochan, but he’ll still get a chance at a fresh start before the summer. Assuming no team places a waiver claim on the forward and his expiring $7.1MM expiring contract, which is probably a safe bet, he’ll reach unrestricted free agency and will have the opportunity to sign outright with any NBA club. According to Charania, multiple teams are expected to have interest.
Sochan made 149 starts and averaged 27.3 minutes per game in his first three seasons with the Spurs, contributing 11.4 points, 6.1 rebounds, and 2.8 assists per contest during that time.
Although he’s a solid, versatile defender who earned a regular spot in Gregg Popovich‘s and Mitch Johnson‘s rotations for several years, Sochan has struggled with his shot, having made just 28.7% of his career three-pointers. It also never seemed as if the Spurs entirely figured out how they wanted to use him — at various times, he was deployed as a point guard, a small-ball center, and almost everything in between.
Jared Weiss of The Athletic reported after the trade deadline that Sochan wasn’t expected to negotiate a buyout with the Spurs and would likely finish the season in San Antonio, but the 22-year-old’s plans changed within the past week as he remained out of Johnson’s rotation, Weiss tweets.
It will be interesting to see whether Sochan draws more interest from playoff contenders looking for help in the short term or from retooling teams who view him as more than just a rest-of-season addition. The Spurs reportedly discussed possible Sochan deals with the Suns, Bulls, and Knicks prior to the deadline, though it’s unclear whether all of those teams had legitimate interest in him as a player or were intrigued by his expiring contract for cap-related reasons.
Because he’s in his fourth NBA season, Sochan technically remains two-way eligible, so that could be an option if he isn’t offered a standard contract or wants to join a team without a 15-man roster spot available.
Cavs Promote Nae’Qwan Tomlin To Standard Roster
February 11: Tomlin has officially been promoted to the Cavs’ 15-man roster, the team announced today in a press release.
February 10: Forward Nae’Qwan Tomlin is being promoted from his two-way contract to the Cavaliers‘ standard 15-man roster, according to ESPN’s Shams Charania (Twitter link). Agent Aaron Turner tells Charania that his client is signing a two-year, minimum-salary contract that will be guaranteed through next season.
Tomlin, who played college ball for four different schools from 2019-24, went undrafted out of Memphis and spent last season in the Cavaliers’ organization — he was a member of the Cleveland Charge in the G League before signing a 10-day deal with the Cavs in February and then receiving a two-year, two-way contract in March.
Tomlin appeared in just five NBA games last season, but he has emerged as a regular part of the team’s rotation in 2025/26, averaging 6.5 points, 3.1 rebounds, and 1.0 assist in 17.1 minutes per contest through 43 appearances.
While Tomlin has only seen the court in 43 games, he was also active for seven more, which means he reached the limit of 50 active games for a two-way player on Monday. In order to keep using him, the Cavs will have to promote him to their 15-man roster and they’ll do just that, as Charania confirms.
Because they’re operating over the second tax apron, the Cavs can’t give Tomlin more than his minimum salary or more than two years, so they’re essentially making him their best possible offer by fully guaranteeing that two-year minimum deal. If he’s officially promoted on Wednesday ahead of Cleveland’s matchup with Washington, the 25-year-old would make $718,150 for the rest of this season and $2,411,090 in 2026/27.
The Cavs, who will add to their projected tax bill by promoting Tomlin, won’t need to make a corresponding move, since they have an open spot on their 15-man roster.
Kadary Richmond Signs 10-Day Contract With Wizards
The Wizards have filled the open spot on their 15-man roster by signing guard Kadary Richmond to a 10-day contract, the team announced today in a press release.
Richmond signed a non-guaranteed Exhibit 10 deal with Washington last fall after going undrafted out of St. John’s in June. The 6’6″ guard was waived at the end of the preseason and reported to the Wizards’ G League affiliate, the Capital City Go-Go.
Across 23 total appearances for the Go-Go, Richmond has averaged 8.3 points, 3.9 rebounds, 2.9 assists, and 1.3 steals in 22.4 minutes per contest, with a shooting line of .457/.308/.846. While those numbers don’t exactly jump off the page, the 24-year-old has been more effective since the G League’s regular season began in late December — in his most recent outing for the Go-Go on Saturday, he had 19 points and six assists.
The Wizards are currently carrying just 13 players on standard, full-season contracts, with Richmond joining Keshon Gilbert as the team’s 10-day players to fill out the 15-man squad.
While Gilbert’s deal will expire after All-Star weekend, Richmond’s will cover Washington’s first two games following the break, running through next Friday (Feb. 20). Richmond will earn $73,153 over the course of his 10-day contract.
Sixers Sign Dalen Terry To Two-Way Deal
1:52 pm: The Sixers have put out a press release officially confirming Terry’s two-way contract.
12:34 pm: The Sixers will fill the open two-way contract slot on their roster by signing free agent wing Dalen Terry, a source tells Adam Aaronson of PhillyVoice.
Terry reached the open market over the weekend after being traded twice during trade deadline week. The Bulls sent him to New York in exchange for Guerschon Yabusele and cash, and the Knicks flipped him to New Orleans along with a pair of second-round picks and cash in a deal for Jose Alvarado. The Pelicans subsequently waived him on Friday.
Terry, 23, was the 18th overall pick in the 2022 draft, but played a limited role during three-and-a-half seasons with the Bulls, averaging just 3.5 points, 1.7 rebounds, and 1.2 assists in 11.1 minutes per game across 204 total appearances. He would have eligible for restricted free agency this summer if he had finished out his rookie scale contract. Instead, he reached unrestricted free agency a few months early.
Players aren’t eligible to sign two-way contracts if they have four years of NBA service, but because a year of service isn’t credited until June 30, Terry remains two-way eligible for the rest of his fourth season. His deal with Philadelphia will be a rest-of-season contract, lining him up to reach the market again this offseason.
The 76ers recently opened up a two-way slot by promoting Dominick Barlow to their standard roster. Terry will join Jabari Walker and MarJon Beauchamp as the two-way players for a Philadelphia team that has prioritized using those slots on relative veterans rather than first- or second-year players.
Terry will be eligible to be active for up to 18 regular season games for the Sixers, though the team no longer has any “under-15” games remaining. That means Philadelphia will need to maintain a full 15-man roster in order to use Terry and Beauchamp (Walker has already reached his personal 50-game limit).
Pistons Sign Isaac Jones To Two-Way Contract
12:54 pm: Jones has officially re-signed with the Pistons on a two-way deal, the team confirmed today (via Twitter).
10:40 am: Less than a week after waiving him, the Pistons are bringing back forward Isaac Jones on a two-way contract, according to Michael Scotto of HoopsHype, who reports (via Twitter) that the deal will cover two seasons.
An undrafted free agent out of Washington State, Jones played well in a modest role for the Kings as a rookie in 2024/25, beginning the year on a two-way contract and earning a promotion to a standard deal last March. However, Sacramento cut him this past November to make room on its roster for Precious Achiuwa, at which time Detroit claimed the 25-year-old off waivers.
Jones was on Detroit’s roster for nearly three months before being waived again to accommodate the team’s three-team trade with Chicago and Minnesota. However, he appeared in just one game for the Pistons during that time, logging two garbage-time minutes.
The 6’9″ forward has spent most of this season with the Motor City Cruise, the Pistons’ G League affiliate. In 26 NBAGL outings, he has averaged 15.9 points, 8.1 rebounds, 1.7 assists, and 1.3 blocks in 28.1 minutes per game, making 55.7% of his field goal attempts.
The Pistons had a full roster after acquiring Kevin Huerter and Dario Saric from Chicago last Tuesday, but they’ve since waived Saric and promoted two-way player Daniss Jenkins to the standard roster. As a result, Detroit opened up a two-way slot that will be filled by Jones. Tolu Smith and Wendell Moore Jr. are the club’s other two-way players.
Suns Expected To Waive Cole Anthony
The Suns are expected to waive Cole Anthony, according to John Gambadoro of Arizona Sports 98.7 (Twitter link).
Phoenix acquired the sixth-year guard in a three-team trade last week. It was a salary-dump move for the the Suns, who have several guards on their roster.
Anthony has yet to report to the team and may not end up doing so; head coach Jordan Ott said on Saturday that the two sides were still working through the situation.
“I think they’re still determining that. Working through that as we speak,” Ott said.
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 on .419/.345/.847 shooting in 320 games (24.8 minutes per contest). However, his minutes have declined over the past few years and he was traded to Memphis in the 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.
Anthony is still just 25 years old and has been productive in the past, though he’s never been the most efficient scorer (his true shooting percentage is a career-low 48.3% in 2025/26). Teams looking for backup ball-handling help might give him a look if and when he officially parts ways with Phoenix.
Blake Hinson Signs Two-Way Deal With Jazz
February 9: Hinson’s two-way deal with the Jazz is official, the team announced in a press release.
February 7: The Jazz will sign Blake Hinson to a two-way contract, agent Paolo Zamorano of Gersh Sports tells ESPN’s Shams Charania (Twitter link).
The 26-year-old small forward is in the midst of a standout year in the G League, where he’s averaging 21.8 points and 5.8 rebounds with Portland’s affiliate, the Rip City Remix.
Hinson has yet to appear in an NBA game, but he’s already spent time with three teams. He signed a two-way deal with the Lakers in the summer of 2024 after going undrafted, then inked an Exhibit 10 contract with the Warriors in September of 2024 before being released prior to the start of the season.
He joined the Trail Blazers on an Exhibit 10 deal this past September, but was waived on the same day and headed to the G League.
Hinson’s college career consisted of two years at Mississippi and two years at Pitt. He was a second-team All-ACC selection in 2023 and a first-team choice in 2024.
The Jazz have a two-way opening after trading John Tonje to Boston on Thursday. Elijah Harkless and Oscar Tshiebwe are their other two-way players.
Grizzlies Sign Lawson Lovering To 10-Day Deal
3:17 pm: Lovering’s 10-day contract is official, the Grizzlies announced (via Twitter).
2:45 pm: The Grizzlies are signing 7’1” rookie center Lawson Lovering to a 10-day contract, Michael Scotto of HoopsHype tweets.
Lovering has spent this season with the Memphis Hustle in the G League. In 24 games with the Hustle, he’s averaged 7.5 points, 6.8 rebounds, 1.4 assists and 1.3 blocks in 26.8 minutes per game.
Lovering was signed by Memphis on an Exhibit 10 deal in early September. He played four preseason games for the Grizzlies and averaged 2.0 points and 2.5 rebounds in 9.5 minutes before getting waived in mid-October. The 22-year-old Wyoming native went unselected in the 2025 draft after his final collegiate season at Utah.
He temporarily fills a frontcourt need for Memphis, which traded Jaren Jackson Jr. to Utah last week. The Grizzlies opened up a spot on the 15-man roster on Friday when they waived Eric Gordon. With Zach Edey and Brandon Clarke currently recovering from injuries, Memphis didn’t have any healthy centers.
Because a 10-day contract must cover at least three games, Lovering’s deal will actually run for 12 days before expiring — the Grizzlies play twice before the All-Star break, then resume action on February 20 vs. Utah.
Pistons Promote Daniss Jenkins, Waive Dario Saric
February 9: The moves are official, according to a team press release.
February 8: The Pistons are converting Daniss Jenkins from a two-way contract to a two-year standard deal using a portion of their bi-annual exception, reports Shams Charania of ESPN.
Jenkins will receive a two-year, $8MM contract, league sources tell Michael Scotto of HoopsHype (Twitter link). His salary will represent the largest single-season sum a two-way player has ever received on a conversion, Scotto notes.
The second-year guard’s new contract will feature a team option for 2026/27, Charania adds.
To make room on their standard roster, the Pistons are expected to waive veteran forward/center Dario Saric, sources tell Brett Siegel of ClutchPoints (Twitter link). Hunter Patterson of The Athletic confirms Saric will be the odd man out (Twitter link).
Jenkins will now be eligible to play for the rest of the regular season and the playoffs. Two-way players are not playoff-eligible.
Pistons head of basketball operations Trajan Langdon said prior to Friday’s game that the team planned to promote Jenkins this weekend. Jenkins reached his 50-game active limit on Friday evening in the blowout victory over New York.
Jenkins reportedly turned down a two-year, minimum-salary contract offer near the end of January, which turned out to be the right call. The 24-year-old point guard recently told Omari Sankofa II of The Detroit Free Press that he was motivated by going undrafted out of St. John’s in 2024.
“If I’m being honest, and everybody knows I’m a very humble guy, but in college, most of these dudes that got drafted, what was the difference between me and them?” he said. “What? You tell me, what was the difference? For me, going undrafted is insanity to me, literally insanity, and that burns inside of me every single day.”
In 42 games this season (16.8 minutes per contest), Jenkins has averaged 8.2 points, 3.3 assists, 1.8 rebounds and 0.9 steals on .430/.391/.800 shooting. He has been Detroit’s primary backup behind Cade Cunningham for much of 2025/26.
The bi-annual exception, as its name suggests, is only available to teams once every two years. Detroit will not have access to the exception in ’26/27.
Saric is earning a guaranteed $5,426,400 this season, but most of that total was already paid by Sacramento, which traded him to Chicago on February 1. The Bulls sent him to the Pistons a couple days later in the deal that saw Kevin Huerter land in Detroit and Jaden Ivey in Chicago.
Saric, 31, only appeared in five games in 2025/26 after playing in 16 contests with Denver last season.