The Hornets have waived Joel Soriano, according to the NBA.com official transaction log. Soriano was on an Exhibit 10 contract, which he signed earlier this month.
A 6’10” center, Soriano went undrafted in June after finishing his college career at St. John’s. The big man averaged a double-double (14.5 points, 10.7 rebounds) in 66 games during his final two college seasons while also chipping in 1.6 blocks and 1.4 assists in 29.3 minutes per contest.
Soriano could receive a bonus worth up to $77.5K after he clears waivers, then spends at least 60 days with the Greensboro Swarm, Charlotte’s G League affiliate.
Here are a few more of the latest cuts from around the league:
- After announcing earlier today that they’ve signed him to an Exhibit 10 contract, the Pelicans have already waived Galen Robinson Jr., per NBA.com’s transaction log. The Birmingham Squadron, New Orleans’ G League affiliate, holds Robinson’s returning rights, so the quick sign-and-waive transaction was simply designed to get him an Exhibit 10 bonus (worth up to $77.5K) on top of his standard G League salary if he spends at least 60 days with the Squadron this season.
- Shortly after signing them to Exhibit 10 contracts, the Cavaliers have waived Nae’Qwan Tomlin and Gabe Osabuohien, according to the transaction log at NBA.com. The cuts had been expected, since today’s reporting indicated that Cleveland had agreed to Exhibit 10 deals with six players but only had room to bring four of them to training camp. Tomlin and Osabuohien figure to open the season with the Cleveland Charge, the Cavs’ G League affiliate.
Luke Adams contributed to this post.