After being involved in two mega-deals over the past week, the Jazz will part with two of the players they received, sources tell Andy Larsen of The Salt Lake Tribune (Twitter link), who says the team plans to waive Josh Richardson and Jalen Hood-Schifino.
Richardson is being re-routed to Utah in the Jimmy Butler trade, along with KJ Martin, whom the Jazz plan to keep, according to Larsen. Richardson has a $3MM expiring contract, so Utah won’t be out much money by letting him go. The 31-year-old swingman appeared in just eight games with Miami prior to being traded.
Utah acquired Hood-Schifino over the weekend by helping to facilitate the massive trade that sent Luka Doncic to the Lakers. L.A. had already declined the third-year option on the 2023 first-round pick, so Utah won’t have to pay him more than the balance of his $3.9MM salary for the rest of the season.
Both players will become unrestricted free agents once they clear waivers and will be eligible to sign with just about any team. Richardson won’t be able to rejoin the Heat, while Hood-Schifino will be ineligible to re-sign with the Lakers.
The Jazz will face an offseason decision on Martin, whose $8MM contract for 2025/26 is non-guaranteed. The 24-year-old forward has been out of action since December 23 due to a foot injury.
JHS should have stayed in school. Never plays real minutes.
Have there ever been this many salary dumps in a single season ? Maybe I just have short memory this just seems wild
Lots of teams in the tax compared to years past along with the new rules from the current CBA
I like Hood-Schifino, I see potential in him. If I were a young team I would grab him.
Back to Lakers!
Cannot go back to the team that traded him within the same season. It is the so-called Zydrunas Ilgauskas rule.
I know, but it made the author edit his article.
To be more specific, he cannot go back to the LAST team that traded him within the same season. So if the Jazz traded JHS to another team, which would waive him afterwards, then he would be eligible to return to LA, because then the Lakers would not be the last team to trade him. For example, Sidy Cissoko was traded to by the Spurs to the Kings and then by the Kings to the Wizards, who waived him. Cissoko is ineligible to re-sign with the Kings now, but is free to return to San Antonio.
Charlotte!
Hood-Schifino was drafted 2 spots before Podziemski, if GSW was targeting him back then and was forced to move on when the Lakers took him in the draft, they will likely need cheap youngsters like him to keep building around.
Ok
Forgot the C I think the Thunder will grab JHS