Brooklyn Nets waive former IU guard Yogi Ferrell
Former Indiana guard Yogi Ferrell was placed on waivers on Thursday afternoon by the Brooklyn Nets after appearing in 10 of the team’s first 21 games.
Ferrell averaged 5.4 points, 1.7 assists and 1.2 rebounds in 15.4 minutes per game for the Nets, who signed him after releasing Greivis Vásquez.
Unless another NBA team claims Ferrell, Brooklyn will still own his rights. If he goes unclaimed, he would be assigned to the team’s Development League affiliate, the Long Island Nets.
According to Bobby Marks of the Vertical, the salary cap hit for the Nets waiving Ferrell is just $102,300.
Update: The Nets have signed Spencer Dinwiddie for the roster spot vacated by Ferrell:
— Brooklyn Nets (@BrooklynNets) December 8, 2016
Filed to: Yogi Ferrell