11:25am: The Hawks have officially waived Cavanaugh, the team announced today in a press release.
8:52am: The Hawks will waive forward Tyler Cavanaugh, according to ESPN’s Adrian Wojnarowski (Twitter link). Wojnarowski writes that an early guarantee date, an ankle injury, and a coaching change all contributed to Atlanta’s decision to part with Cavanaugh.
An undrafted rookie out of George Washington University, Cavanaugh caught on with the Hawks for training camp last fall. While he didn’t earn a spot on the regular season roster initially, he inked a two-way deal with the club in November, then was promoted to the 15-man roster in December. For the season, the 24-year-old averaged 4.7 PPG and 3.3 RPG with a .441/.360/.810 shooting line in 39 games (13.3 MPG).
Cavanaugh’s contract with the Hawks included a non-guaranteed salary of $1,378,242 for the 2018/19 season. However, had he remained under contract through May 15, he would have received a partial guarantee of $450K, according to Basketball Insiders’ data. That trigger date forced Atlanta into a decision early in the offseason.
Cavanaugh will become an unrestricted free agent, assuming he goes unclaimed on waivers.