Warriors Waive Shaun Livingston

JULY 10: The Warriors have issued a press release to announce that Livingston has officially been waived and thanking him for “immense contributions” to the franchise. Assuming he goes unclaimed, as expected, he’ll clear waivers on Friday.

JULY 9: The Warriors have waived veteran guard Shaun Livingston, reports ESPN’s Adrian Wojnarowski (via Twitter). The move was a necessary one for the hard-capped Dubs, who needed to remove Livingston’s $7.7MM salary from their books before it became fully guaranteed.

Livingston had a $2MM partial guarantee, which the Warriors will stretch across three seasons at a rate of $666K per year. Golden State likely explored moving the 33-year-old in a trade to avoid eating that dead money, but would have had to attach an asset to him to find a taker.

According to Wojnarowski, Livingston is determined to continue his playing career after being cut by Golden State. He’ll clear waivers later this week and will likely be prioritizing contending teams as he seeks a new NBA home.

A member of the Warriors teams that have reached the NBA Finals in each of the last five years, Livingston played a regular rotation role in Golden State, averaging between 15.1 and 19.5 minutes per game in each season since 2014/15. He recorded 4.0 PPG, 1.8 APG, and 1.8 RPG in 64 games in 2018/19.

Here are a few more notes on the Warriors’ contracts and cap situation:

  • Second-round pick Eric Paschall received a three-year, guaranteed minimum-salary contract, per ESPN’s Bobby Marks (Twitter link). The Warriors used the mid-level exception to give him that third year.
  • The Warriors also used their mid-level exception to sign Willie Cauley-Stein, who got a two-year, $4.4MM deal with a second-year player option, tweets Shams Charania of The Athletic. That contract is worth a little more than the minimum.
  • While the Warriors still have some MLE money leftover, they’re unlikely to be able to use it this year. According to Marks (Twitter link), after waiving and stretching Livingston, the team projects to be just $219K below the $138.9MM hard cap once all its moves are complete.

Photo courtesy of USA Today Sports Images. Luke Adams contributed to this post.

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