Joel Soriano Rumors | Hoops Rumors

Hornets’ Soriano, Pelicans’ Robinson, Two Cavs Among Tuesday’s Cuts

September 24th, 2024 at 7:15pm CST by Dana Gauruder

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.

Hornets Sign Marcus Garrett, Joel Soriano, Caleb McConnell

September 11th, 2024 at 8:23am CST by Luke Adams

8:23am: The Hornets have officially announced the signings and confirmed that all three players, plus Johnson, are on Exhibit 10 contracts, as expected.

8:13am: The Hornets are signing free agents Marcus Garrett, Joel Soriano, and Caleb McConnell to training camp contracts, league sources tell Rod Boone of The Charlotte Observer (Twitter link).

Garrett, a 6’5″ guard who went undrafted out of Kansas in 2021, spent part of his rookie season on a two-way contract with the Heat and appeared in 12 games for Miami. However, the former Naismith Defensive Player of the Year has primarily played in the G League since going pro. He spent last season with the Greensboro Swarm and played for the Hornets’ Summer League team in Las Vegas this July.

Soriano, a 6’10” center, 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.

McConnell went undrafted out of Rutgers in 2023 and spent his rookie year with the Oklahoma City Blue, the Thunder’s G League affiliate. The 6’7″ wing, a two-time Big Ten Defensive Player of the Year in college, averaged 7.1 points, 5.7 rebounds, and 2.2 assists in 21.7 minutes per game across 47 Showcase Cup and regular season appearances for the Blue, who won the NBAGL championship in the spring. McConnell’s G League returning rights were recently traded from OKC to Greensboro.

Garrett, Soriano, and McConnell will almost certainly sign non-guaranteed Exhibit 10 contracts, which will put them in line to receive bonuses worth up to $77.5K if they’re waived by the Hornets, then spend at least 60 days with the Swarm. It’s worth noting that Exhibit 10 contracts can also be converted to two-way deals before opening night, and Charlotte does have a two-way slot open.

Prior to officially completing these three signings, the Hornets are carrying 17 players on their offseason roster — 14 on standard contracts, a pair on two-way deals, and one (Keyontae Johnson) on a camp contract. They’ve also reportedly agreed to an Exhibit 10 deal with Raequan Battle.