The Milwaukee Bucks have petitioned the NBA for an exclusion to clear the remaining $10.5 million on Mirza Teletovic’s contract off the team’s salary cap, league sources told ESPN.
The Bucks are expected to meet the criteria and receive the cap relief based on Teletovic’s career-ending injury.
The one-year anniversary of Teletovic’s final game with the Bucks was on Wednesday, clearing the way for the Bucks to apply for $3.5 million in annual cap relief in 2018-19, 2019-20 and 2020-21.
Teletovic was forced to retire because of a life-threatening pulmonary condition. The Bucks used the waive and stretch provision to spread the $10.5 million cap hit across the three seasons.
Source: Adrian Wojnarowski of ESPN
Report: Rockets to Part Ways with Carmelo Anthony
Houston Rockets General Manager Daryl Morey today issued a statement on forward Carmelo Anthony’s future with the team.
“After much internal discussion, the Rockets will be parting ways with Carmelo Anthony and we are working toward a resolution,” said Morey. “Carmelo had a tremendous approach during his time with the Rockets and accepted every role head coach Mike D’Antoni gave him. The fit we envisioned when Carmelo chose to sign with the Rockets has not materialized, therefore we thought it was best to move on as any other outcome would have been unfair to him.”
Source: Houston Rockets
Report: Steph Curry to be Re-Evaluated in 10 Days
Warriors guard Stephen Curry, who has missed the team’s last three (3) games after suffering a mild to moderate strained left groin on November 8 vs. Milwaukee, continues to be monitored and evaluated by the team’s training and medical staff, as indicated initially last week. He will travel on the team’s upcoming three-game road trip to Texas—but will not play—and will be re-evaluated again in 10 days.
Source: Golden State Warriors
Report: Caris LeVert Diagnosed with Dislocated Right Foot, Could Return this Season
Brooklyn Nets guard Caris LeVert returned to New York with the team last night and was evaluated today by Nets’ Team Orthopedist Dr. Martin O’Malley at the Hospital for Special Surgery. Following the evaluation, LeVert was diagnosed with a subtalar dislocation of the right foot.
“Fortunately, tests performed this morning revealed that there are no fractures and only moderate ligament damage,” said Dr. O’Malley. “While the optics of this injury may have appeared to be more severe, surgery will not be required. Caris will begin a period of rehabilitation with the Nets’ performance staff, following which he is expected to return to full strength and resume all basketball activities without any limitations this season.”
Updates regarding LeVert’s rehabilitation will be issued as appropriate.
Source: Brooklyn Nets