The Pistons have placed swingman Zhaire Smith on waivers, Shams Charania of The Athletic tweets.
The transaction was expected, as Detroit’s plan to waive Smith was previously reported. The Pistons officially acquired Smith from the 76ers in exchange for center Tony Bradley a week ago.
Smith was due to make $3.2MM during the upcoming season but that was the only guarantee left on his rookie contract. His $4.915MM salary for the 2021/22 season includes a team option.
There’s a good chance Detroit will use the stretch provision on Smith’s contract. Only the guaranteed money would count, so if the Pistons stretch his contract for three years, the cap hit would be around $1MM per season.
Smith was drafted just outside the lottery with the No. 16 pick in the 2018 draft but his first two seasons were marred by injuries. He’s appeared in just 13 NBA games.