The Hawks traded Lou Williams to the Raptors in return for John Salmons back in June. The move was clearly for cap space, as Salmons’ salary was only partially guaranteed, and they would only be on the books for $1 million.
The deadline to waive Salmons was originally July 1, but the teams agreed to extend it to July 10, giving the Hawks some more freedom. Well, according to Chris Vivlamore of the AJC, Atlanta is expected to waive him by the 11:59 PM deadline:
The Hawks will waive John Salmons Thursday, according to a person familiar with the situation. However, the team is currently exploring all its options in regard to the player.
The reason for extending the deadline was always to dangle Salmons’ contract in trade talks, but the lack of moves may indicate that the market was dry. Salmons is valuable because teams looking to clear cap space can take his contract on and then waive him while unloading some salary in a trade — much like the Hawks did with Lou Williams.
Salmons may never suit up in a Hawks uniform, and by 11:59 pm, the free agent market will get a little deeper.