Cam Whitmore has been waived by the Cavaliers, per the NBA.com transaction log, noted by Michael Scotto of HoopsHype. Cleveland picked him up just over a week ago in the five-team Peyton Watson trade, and Jake Fischer of Bleacher Report and The Stein Line had reported the release was coming.
Denver has cut two-way forward/center Julian Reese, according to NBA.com's transaction log. Reese arrived from Washington last week in the Peyton Watson deal, a move Denver could make while over the second apron because two-way deals don't count against the cap, and reporting at the time already pointed to his release.
Denver is stretching the $2MM left guaranteed on Jonas Valanciunas' expiring deal over three years, Michael Scotto of HoopsHype reports, turning it into annual charges of $667K. Valanciunas was waived last month and has since signed with Zalgiris Kaunas.
Sacramento is stretching what's left of DeMar DeRozan's $10 million salary, Michael Scotto of HoopsHype reports. That leaves him on the Kings' books at roughly $3.33 million a year for the next three seasons. DeRozan signed a one-year deal with Denver last week.
Houston has cut guard Tristen Newton, according to NBA.com's transaction log. Newton signed a two-way deal in January and played a single NBA game for the Rockets, scoring 12 against Memphis on April 12.
Klay Thompson has agreed to a buyout with Dallas and is expected to sign with Miami, per a report cited by CBS Sports, giving the Heat a shooter alongside Giannis Antetokounmpo and Bam Adebayo.
Cleveland has waived Cam Whitmore, per HoopsHype's Michael Scotto, eight days after acquiring him from Washington in the five-team sign-and-trade that brought Peyton Watson from Denver.
Houston announced it is waiving guard JD Davison, who had turned his two-way deal into a standard contract worth $2.5 million over two years this offseason. Only $82,000 of that was guaranteed, per Spotrac, so the financial hit is minimal.
The Clippers are set to waive guard Sean Pedulla, per Michael Scotto of HoopsHype, citing sources. Pedulla had been on a two-way deal with Los Angeles. He was the G League's Rookie of the Year last season after averaging 23.6 points, 6.8 assists and 5.1 rebounds.
Kentavious Caldwell-Pope is expected to sign with the Philadelphia 76ers after agreeing to a buyout with the Memphis Grizzlies, according to ESPN sources. The veteran guard would add perimeter shooting and defense to Philadelphia's rotation. The move has been reported but not yet formally completed.
Portland has claimed big man Micah Potter on waivers.
Detroit has claimed Isaac Jones on waivers after Sacramento cut him loose. No terms disclosed.
Phoenix has claimed guard Jordan Goodwin on waivers. No terms disclosed.
