According to Adrian Wojnarowski of The Vertical, the Denver Nuggets will acquire then immediately waive Atlanta Hawks guard Mo Williams in an astute financial deal for the franchise.
In the trade, the Nuggets will send the rights to Cenk Akyol to the Hawks and in return will receive Williams and cash.
Denver is then expected to waive Williams’ $2.2 million dollar contract in an effort to get closer to the NBA’s salary floor of $84.7 million.
Before the deal, the Nuggets were about $10 million below the leagues minimum spending requirements.
By rule, each NBA team must spend 90% of the total cap and failing to do so means the organisation must pay the difference to the players currently on its roster.