Trail Blazers Waive Devonte’ Graham

The Trail Blazers have waived veteran guard Devonte’ Graham, the team confirmed in a press release (Twitter link). Aaron Fentress of The Oregonian was first to report the move.

Assuming he goes unclaimed, Graham will become an unrestricted free agent on Saturday.

Graham signed a non-guaranteed Exhibit 9 contract with Portland in August in the hope of making the regular season roster. He was competing with Dalano Banton for the 15th and final standard roster spot — Graham being released drastically improves Banton’s odds of making the team.

The news doesn’t come as a surprise, but it was still a key roster battle to monitor. Banton impressed the Blazers down the stretch of last season, and they picked up their 2024/25 team option on his contract at the end of June, giving him a partial guarantee of $217,533, with the remainder of his $2,196,970 salary still non-guaranteed. If Banton makes the opening night roster, his partial guarantee will increase to $1,098,485.

A former second-round pick (No. 34 overall in 2018) who played four years of college ball at Kansas, Graham had some productive seasons with Charlotte in his first few NBA seasons, including averaging 18.2 points, 7.5 assists, 3.4 rebounds and 1.0 steal per contest in 63 games in ’19/20 (35.1 MPG).

However, the six-year veteran only appeared in 23 games for San Antonio last season, averaging a career-low 13.6 minutes, and was traded to the Hornets in July in a salary dump. Charlotte promptly waived him before his full $12,650,000 salary became guaranteed, but Graham will still be paid his $2.85MM partial guarantee, with the Hornets carrying that figure as a dead-money cap hit.

Portland’s roster could be ready for the regular season, though there’s still time to make some minor additions for G League purposes. The team now has 18 players under contract, with 15 players on standard deals and all three of its two-way slots filled.