Wizards waive Ron Baker
Baker had yet to reach three full weeks with his new team before the organization chose to part ways with him prior to the 5 p.m. ET deadline on Jan. 7 that would make his contract fully guaranteed.
The Wizards will incur a $170,915 cap hit once his waiver becomes official, putting their tax bill at $8.66 million, a figure that will likely increase once the 14th roster spot is filled, according to ESPN Insider Bobby Marks.
Washington will need to get to a minimum of 14 players within the next two weeks to concur with league rules.
In this case, Baker’s release is a matter of preference, given the Wizards’ poor chances of reaching the playoffs after a rough start to the season and a season-ending injury to All-Star point guard John Wall, which make it all the more tougher to recover from.