Mavs Waive Quincy Acy, Re-Sign Jonathan Gibson

NOVEMBER 18: The Mavericks have made it official, announcing in a press release that they’ve re-signed Gibson and requested waivers on Acy.

NOVEMBER 17: In need of some point guard depth, the Mavericks are bringing back a familiar face, reports Shams Charania of The Vertical. According to Charania (via Twitter), Dallas will re-sign free agent guard Jonathan Gibson, waiving Quincy Acy to create room on the 15-man roster.

Gibson, who turned 29 last Tuesday, signed a three-year deal with the Mavericks back in July. However, even though that contract included a guaranteed salary for 2016/17, Dallas opted to part ways with him during the preseason roster cutdown. With Deron Williams, Devin Harris, and J.J. Barea all banged up, however, the Mavs needed to add another point guard to complement Seth Curry.

[RELATED: Dallas Mavericks’ roster/depth chart at RosterResource.com]

As for Acy, the veteran big man was another offseason signing for the Mavs, inking a two-year deal with a guaranteed first-year salary. The 26-year-old only appeared in six games for Dallas this season, averaging a career-low eight minutes per contest. Acy was limited by foot and eye injuries, but is healthy now and will have the opportunity to catch on with another club once he clears waivers, tweets Charania.

As we noted earlier today, when we examined 2016/17 dead money for Southwest clubs, Gibson already counted for about $543K against the Mavs’ cap. His new deal will add about $469K in prorated salary to Dallas’ books, per Bobby Marks of The Vertical (Twitter link). Meanwhile, Acy’s $1.051MM salary will stay on the cap as well, increasing the Mavs’ dead-money total and pushing the team closer to the tax line.