12:35pm: The move is official, according to a tweet from the team.
11:56am: The Raptors plan to waive K.J. McDaniels, tweets Michael Scotto of Basketball Insiders.
The fourth-year swingman won a roster spot in Toronto after signing with the team in August. He didn’t play in either of the Raptors’ first two regular season games.
McDaniels only has a $100K guarantee on his $1,524,305 salary, so the Raptors won’t lose much by parting with him. The team, which had a full roster heading into the season, now has one opening.
McDaniels has bounced around the league since being drafted by the Sixers in the second round in 2014. He was traded to the Rockets in 2015, then was dealt to the Nets in February. The 52 games he played with the Sixers as a rookie remain his career high.