Updated: 6:13 p.m.

Mo Williams was barely a Sixer.

The Sixers on Friday claimed the 34-year-old point guard, then waived him, a league source confirmed to CSNPhilly.com's Jessica Camerato. The Sixers followed it with the re-signing of guard Chasson Randle to a second 10-day contract.

ESPN's Marc Stein first reported the news of the Sixers' claiming Williams.

Per the report, the Sixers made the claim in order to get $2.2 million closer to the salary floor while preventing the Nuggets from doing so after Denver acquired Williams in a trade with the Hawks. As Derek Bodner of Philly Mag explains, the Sixers will be credited the entire $2.2 million if Williams clears waivers but, because of a loophole in the CBA will actually pay only $1.1 million of the salary, thus saving $1.1 million. (The loophole is resolved in the next CBA, which takes effect after this season.)

If the Sixers don't reach the cap floor ($84.7 million) by season's end, they'll have to distribute the difference between their salary total and the floor to the players on the roster. If Williams clears waivers, the Sixers still will be $5.5 million under the floor.

It's been a whirlwind two weeks for Williams, who was traded from the Cavaliers to the Hawks as part of the Kyle Korver deal. Williams was then shipped to the Nuggets, who then waived him.


Now he's been claimed and waived by the Sixers in the same day.

Williams, a veteran of 13 NBA seasons, last played for 2015-16 championship-winning Cleveland, where he played 41 regular-season contests and averaged 8.2 points and 2.4 assists per game.