On Monday, the Trail Blazers acquired Brendan Haywood and his fully non-guaranteed $10.5 million contract from the Cavs along with Mike Miller and two second-round picks. They followed that up on Thursday by waiving Haywood, as expected. The team announced the move in a press release.
The Portland Trail Blazers have waived center Brendan Haywood, it was announced today by President of Basketball Operations Neil Olshey.
Portland acquired Haywood, guard Mike Miller and two future second round draft picks from the Cleveland Cavaliers on July 27 in exchange for cash considerations.
Haywood was never going to stick with the Blazers. His oddly structured contract made him an attractive trade chip but he hasn’t been a contributor on an NBA team in several years. The Blazers made the trade solely for the picks, and because they weren’t going to sign anyone else with that cap space anyway.
The Blazers are also expected to waive Miller, who will become a free agent and should draw interest from contenders.