3:05pm: The move is official, the Spurs announced in a press release.
2:57pm: The Spurs will get down to the regular season roster limit by waiving swingman Joe Wieskamp, reports Shams Charania of The Athletic (Twitter link).
Wieskamp, 23, was drafted 41st overall in 2021 by the Spurs and spent most of his rookie season on a two-way contract with the team. He was converted to a rest-of-season standard contract in March, then re-signed with San Antonio in August on a two-year deal that includes a guaranteed $2.175MM salary for 2022/23.
A former Iowa standout, Wieskamp appeared in 29 games for the Spurs in his first pro season, playing a very limited role for the NBA club. He averaged 2.1 PPG and 0.5 RPG in 7.1 MPG.
In 15 G League regular season games for the Austin Spurs, Wieskamp played a more significant role, putting up 17.1 PPG and 3.3 RPG with a .371 3PT% in 33.5 MPG.
The Spurs entered the day with 16 players on guaranteed standard contracts and a pair on two-way deals, so they needed to make one cut to set their roster for opening night. Wieskamp and Romeo Langford were considered to be the players “on the bubble” — it appears Langford will remain on the roster to open the season.
Although San Antonio will have to eat Wieskamp’s $2.175MM salary, assuming he’s not claimed on waivers, taking on that dead money won’t really hurt the team financially. The Spurs remain far below the salary cap and the salary floor for 2022/23.