With the preseason slate complete, the Charlotte Hornets did some roster cleanup to get ready for the regular season. According to Hornets.com, the Hornets waived Zach Smith and converted Joe Chealey's contract to a two-way deal.
Smith never seemed long for the Hornets roster; he only saw the court for two minutes during the preseason. His release gives the Hornets 14 full time players, meaning the team has one open roster spot. That spot will likely remain open as as the team fields trade calls and monitors the G League for standouts.