The Spurs waived forward Jalen McDaniels on Wednesday, according to the NBA’s transactions log.
San Antonio acquired McDaniels earlier this week from the Kings in a salary dump. The deal sent McDaniels, cash, and the Kings’ unprotected 2031 second-round pick to San Antonio in exchange for the Bulls’ top-55 protected 2025 second-round pick. If it lands in the top 55, which is highly likely, San Antonio will keep the pick.
At the time of the deal, it was reported the Spurs did not intend to keep McDaniels. San Antonio will be on the hook for McDaniels’ $4.74MM expiring contract, which it absorbed with its $8MM room exception. The Spurs have one of the lowest team salaries in the NBA and will still have plenty of room below the tax line after eating his contract.
We have more waiver moves from Wednesday:
- The Nuggets waived Andrew Funk, Will Richardson and Charles Bediako. That trio was signed to Exhibit 10 deals last week. They’ll each be eligible for a bonus worth up to $77.5K if they join Denver’s G League club, the Grand Rapids Gold, and remain with the team for at least 60 days.
- The Bucks waived guard James Akinjo. He was signed to an Exhibit 10 contract in late August. The guard split time last season between the Stockton Kings and Wisconsin Herd. He’ll be eligible for a bonus up to $77.5K if he rejoins the Herd and remains with them for at least 60 days.