Chris Copeland, John Jenkins claimed off waiver wire (Copeland waived again already)
Waiver wire claims are not common in the NBA, but we had two of them on Wednesday afternoon.
Shams Charania of The Vertical at Yahoo Sports broke the news.
Orlando has claimed forward Chris Copeland off free agency waivers, league sources tell The Vertical.— Shams Charania (@ShamsCharania) February 24, 2016
Phoenix has claimed guard John Jenkins off waivers, league sources tell The Vertical. Jenkins is on a three-year contract.— Shams Charania (@ShamsCharania) February 24, 2016
Chris Copeland had been waived by Milwaukee Bucks to make way for the addition of Steve Novak. Jenkins had been with the Dallas Mavericks but was waived to free up a roster for the addition of David Lee. Both of those teams used a trade exception it had from a previous deal to land the new additions. Also, this means is that the salaries of Copeland and Jenkins will count against the cap of their new teams, not their former ones.
Orlando turned around and instantly waived Copeland again. Why? Because they are below the salary floor and this saves them money. From Bobby Marks of the Vertical.
Orlando saved roughly $315k by claiming Copeland to reach the $63m salary floor. Magic were $650k short and Copeland is owed $338k.— Bobby Marks (@BobbyMarks42) February 25, 2016
Jenkins had a decent rookie season a maybe the Suns think they can recapture some of that magic.