The Toronto Raptors have waived Juancho Hernangomez.

Hernangomez appeared in 42 games with the Raptors this season, averaging 2.9 points and 2.9 rebounds in 14.6 minutes. 

The Chicago Bulls have released Goran Dragic, which will make him playoff eligible.

Dragic appeared in 51 games with the Bulls, averaging 6.4 points, 1.4 rebounds and 2.7 assists in 15.4 minutes.

Will Barton has agreed to sign with the Toronto Raptors.

Barton recently agreed to a buyout with the Washington Wizards. Barton has appeared in 29 career playoff games in his career.

The New York Knicks are set to sign guard Duane Washington Jr. to a two-way contract. Washington was previously with the Phoenix Suns on a two-way deal this season.

Washington appeared in 31 NBA games this season while with the Suns, including seven starts. The 6-foot-3 guard averaged 7.9 points in 12.7 minutes per game this season.

Washington played with the Indiana Pacers last season and appeared in 48 NBA games while on a two-way and standard contract. Washington averaged 9.9 points in 20.2 minutes per game for Indiana.

The Oklahoma City Thunder have converted Lindy Waters from a Two-Way contract to a two-year, $3.8 million deal. The Thunder will hold a team option on Waters for 23-24.

Waters has appeared in 25 games with the Thunder this season, averaging 4.4 points and 1.7 rebounds in 11.2 minutes.

Waters is represented by Aaron Turner.

The Houston Rockets have agreed to sign Willie Cauley-Stein to a 10-day deal.

Cauley-Stein played in 20 games last season with the Dallas Mavericks and Philadelphia 76ers.

Cauley-Stein appeared in 10 games this season with the Rio Grande Valley Vipers in the G League, averaging 9.4 points, 6.2 rebounds and 2.5 assists over 27.7 minutes. 

The Charlotte Hornets are signing Bryce McGowens to a four-year, $7.4 million contract. McGowens had been playing with the Hornets this season on a Two-Way contract.

McGowens was a candidate to be converted as he's out of NBA days on his Two-Way deal. He's been a regular rotation player for Steve Clifford over the last two months.

McGowens was selected with the 10th pick of the second round at the 2022 NBA Draft. The Hornets acquired McGowens' rights in a draft night trade with the Minnesota Timberwolves. In 26 NBA games, the 6-foot-6 wing has averaged 4.1 points and shot 36.4%.

Michael Carter-Williams has agreed to a two-year deal with the Orlando Magic. Carter-Williams' contract will cover the rest of this season, with Orlando holding a team option for next season.

Carter-Williams last played in the NBA during the 2020-21 season with the Magic. He averaged 8.8 points, 4.5 rebounds and 4.2 assists in 25.8 minutes over 31 games (25 starts).

The 2014 Rookie of the Year missed last season while recovering from offseason surgery on his left ankle. The Magic waived Carter-Williams at the 2022 trade deadline when they needed to clear roster spots for deadline maneuvering.

Derrick Rose claims there have been no discussions with the New York Knicks about a buyout amid potential interest from the Phoenix Suns.

“No, I haven’t talked to anybody about that. I haven’t talked to anyone,” Rose said Saturday when asked if he had considered seeking a buyout. “I haven’t even thought about it. I’m locked in to my thing right now. It’s kind of hard to think about something that I’ve never pursued and never talked about with them.”

Rose fell out of the New York rotation earlier in the season.

Rose is making $14.5 million this season with a club option for the 2023-24 season worth $15.6 million.

“No. Y’all heard something? I’ve just been locked in, doing my recovery. [I] talk to Thibs about the team, talk to Leon about the team, but other than that, I haven’t talked to them about [a buyout],” Rose said. “I think that we’ve been so transparent in the past that if I was thinking about moving, or they was to move me somewhere, they’d give me a heads up.”

The Phoenix Suns are monitoring Derrick Rose potentially getting bought out by the New York Knicks, sources told Chris Haynes of Bleacher Report.

Rose has not appeared in a game since December 31. While a buyout is unlikely, the Suns have yet to completely rule out the possibility.

Sources add that the Knicks will not pick up Rose's team option for next season.