1:53pm: The release is official, the team announced via press release.
10:46am: The Hawks have waived Terran Petteway, according to Chris Vivlamore of the Atlanta Journal-Constitution (Twitter link). The team has yet to publicly announce the move, though Vivlamore indicates it has already taken place. The undrafted swingman from Nebraska signed a deal that carries a $75K partial guarantee, so Atlanta will be responsible for that if he clears waivers. The move leaves the Hawks with 17 players, including 13 full guarantees and partial guarantees to Mike Muscala and Lamar Patterson, as our roster count shows.
Muscala is a “lock” to make the opening night roster, as Vivlamore has termed it in the past, and Petteway appeared the only strong challenger to Patterson for the 15th regular season spot, based on their matching $75K partial guarantees. Still, Patterson, the 48th overall pick from 2014, has averaged twice as many minutes in the preseason as Petteway has. Petteway, 23, averaged 1.7 points in 7.2 minutes per game in three preseason appearances.
Earl Barron and DeQuan Jones remain on Atlanta’s roster with non-guaranteed deals. The Hawks will have to cut them by the end of Saturday if they don’t want to incut a cap hit for either of them.