Just a day after signing Scott Machado, the Los Angeles Lakers announced they had cut him and Johnathan Williams, trimming their roster to 16 players including their pair of two-way contracts (Alex Caruso and Travis Wear).
Why would the Lakers sign a player just to waive them 24 hours later? Well, as explained yesterday, Machado (and probably Williams as well) were in all likelihood on Exhibit 10 contracts that would allow the team to pay them a bonus of up to $50,000 if they were cut by the Lakers, sign with the South Bay Lakers and stay with the team in the G League for 60 days this season.