The Nuggets have waived forward Jarnell Stokes, league sources informed Chris Dempsey of the Denver Post (Twitter link). Marc J. Spears of ESPN.com confirms the transaction in a tweet.
Stokes, who missed the last two games with a foot injury, appeared in just two games this season and played a total of seven minutes. The 6’9” power forward appeared in 21 games with the Grizzlies over the last two seasons and another handful with the Heat. He has averaged 2.4 points and 1.4 rebounds in 5.4 minutes in 28 career games.
He was signed by Denver in September to a two-year contract and received $150K in guarantee money. His $980K salary for this season would have been fully guaranteed if he had remained on the roster through January 10th.
The University of Tennessee product was originally drafted by the Jazz with the No. 35 overall pick in 2014.