Hawks news: Atlanta waives Richard Jefferson, Kay Felder
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Atlanta waives Richard Jefferson, Kay Felder

Just a day after trading for the two, the Atlanta Hawks have decided to waive Richard Jefferson and Kay Felder, per RealGM.

The Hawks agreed to a trade with the Cavaliers yesterday to acquire the two players along with a couple of future second-round draft picks.

Atlanta was clearly just there to help the Cavs unload the two which will save Cleveland $12.8 million in luxury taxes next season.

It is already reported that Jefferson does not plan to retire now that he is a free agent again. The 37-year-old averaged just 5.7 points and 2.6 rebounds while shooting 33.3 percent from the three-point line last season in 20.4 minutes a night for the Cavs. He appeared in 79 games and started 13.

Jefferson obviously can bring a veteran presence to a locker room. Playing with the Cavs allowed him to develop in the twilight of his career into a player that can operate alongside a highly intelligent star in LeBron James, often being featured in small-ball lineups as well. Jefferson isn’t the athlete he once was but his bounce isn’t entirely gone yet either.

Felder was a promising draft pick of the Cavs, taken 54th overall in the 2016 Draft. As a rookie, he played in 42 games, averaging 4.0 points and 1.4 assists while shooting 31.8 percent from three. Felder, like any 22-year-old, has promise as the 5-foot-9 point guard could develop into a nice bench point guard for someone else around the league. Look for him in the G League in the immediate future.