The Charlotte Hornets announced on Wednesday afternoon that the team had waived guard Kobi Simmons.
Simmons signed a rest-of-season contract on April 7 that was fully non-guaranteed for the upcoming year. He had spent about a week on a Two-Way prior to signing his NBA contract following Bryce McGowens’ conversion to a standard deal, and was an affiliate player with the Greensboro Swarm up until then.
With the move, Charlotte opens up an extra roster spot following the extension of PJ Washington. Since Simmons’ deal was fully non-guaranteed, the Hornets can release him with $0 in dead cap.