Kings to waive Georgios Papagiannis less than two years after drafting him in lottery

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Shortly after the Kings drafted Georgios Papagiannis with the No. 13 pick in the 2016 NBA draft, DeMarcus Cousins tweeted:

Cousins claimed he was talking about yoga, not criticizing his then-team’s pick. But if he were talking about the draft, maybe Cousins was onto something.

Papagiannis has barely played in two NBA seasons and performed poorly when he has gotten onto the court. Now, he appears headed out of the league at age 20.

Shams Charania of Yahoo Sports:

This presumably clears the way for the Kings to keep Bruno Caboclo, whom they acquired in a trade with the Raptors today. Sacramento needed to clear a roster spot to facilitate its trade with the Cavaliers and Jazz (Joe Johnson and Iman Shumpert for George Hill).

The Kings will be on the hook for the rest of Papagiannis’ $2,301,360 salary this season and his $2,400,480 salary next season. Obviously, it never looks good to waive such a high pick so soon.

But Sacramento got the No. 13 pick by trading down from No. 8 on draft night. The eighth pick, Marquese Chriss, is floundering, and other assets the Kings netted in the deal – the rights to Bogdan Bogdanovic and the pick that became Skal Labissiere – are providing more value. So, that makes it easier to stomach dropping Papagiannis.