10:02pm: Lofton has been released, the 76ers confirmed in a press release.
9:45pm: The Sixers intend to waive Kenneth Lofton Jr., who is on a two-way contract, reports Kyle Neubeck of PHLY Sports (via Twitter).
A burly forward/center, Lofton went undrafted out of Louisiana Tech in 2022. He caught on with the Grizzlies, signing a two-way contract before being converted to a standard deal at the end of his rookie season in 2022/23.
Lofton became the victim of a roster crunch in Memphis when the team needed to open up a roster spot to activate Ja Morant following the completion of his 25-game suspension. He was released in December, signing a two-way deal with Philadelphia a few days later.
After averaging 5.0 PPG and 2.1 RPG while shooting 52.7% from the floor in 24 games (7.3 MPG) as a rookie, the 21-year-old has struggled in his brief NBA minutes this season, averaging a combined 2.4 PPG and 1.1 RPG while making just 34.9% of his field goal attempts in 17 games with Memphis and Philadelphia (6.4 MPG). He only played two games for the 76ers, having spent most of his time with the Delaware Blue Coats, their NBA G League affiliate.
In 10 regular season games with the Blue Coats, Lofton put up big numbers, averaging 27.2 PPG, 8.8 RPG, 4.0 APG and 1.8 BPG on .577/.324/.746 shooting (29.8 MPG). He was named to the NBAGL’s Up Next Game, but wound up being replaced last month due to an injury.
Philadelphia has two openings on its standard roster and will have one open two-way spot once Lofton is officially released.