The Toronto Raptors have waived guard Shamorie Ponds.

He appeared in four games for Toronto this season, tallying nine points in 11 minutes of action. Ponds originally signed a two-way contract Oct. 23, 2019.  

 The Atlanta Hawks have released Paul Watson Jr.

Watson Jr. signed a 10-day contract with the Hawks on January 6, 2020.

The Orlando Magic have signed free agent forward Gary Clark to a 10-day contract.

In addition, Orlando has released guard Josh Magette.

Clark (6’6”, 225, 11/16/94) has played in 18 games this season with Houston, averaging 3.9 ppg. and 2.2 rpg. in 11.8 minpg., while shooting .353 (18-51) from three-point range. He also appeared in four games with Rio Grande Valley of the NBA G League, averaging 20.0 ppg., 5.8 rpg., 2.5 apg., 2.50 stlpg. and 1.00 blkpg. in 36.8 minpg. Clark was waived by the Rockets on January 7, 2020.

Undrafted by an NBA franchise, Clark played in 51 games (two starts) during his rookie campaign with Houston, averaging 2.9 ppg. and 2.3 rpg. in 12.6 minpg. He also played in seven games with Rio Grande Valley of the NBA G League, averaging 12.0 ppg., 6.9 rpg., 2.9 apg., 1.55 stlpg. and 1.00 blkpg. in 30.3 minpg.

The New York Knicks will waive Ivan Rabb and sign Kenny Wooten to a Two-Way deal.

Wooten is currently on the Westchester Knicks of the G League.

Wooten is averaging 7.8 points and 5.9 rebounds in 24.0 minutes per game in the G League.

Rabb is averaging 13.1 points and 11 rebounds in the G League.

The Cleveland Cavaliers have waived Levi Randolph.

Randolph was recently signed to a Two-Way contract. 

Randolph has averaged 15.6 points, 5.8 rebounds and 3.0 assists in 36.2 minutes per game in the G League this season.

The Washington Wizards will waive CJ Miles to create a roster space to sign Anzejs Pasecniks. Miles underwent surgery on his left wrist in November that will force him to miss the rest of the 19-20 season.

Pasecniks will have his Two-Way contract with the Wizards converted to a standard NBA contract.

Washington will sign Johnathan Williams on a Two-Way contract.

The Houston Rockets will waive Gary Clark. 

Clark would have counted at $1.4 million if he remained on the Rockets' roster beyond Tuesday. 

The Rockets have avoided the luxury tax since Tilman Fertitta purchased the franchise in 2017.

The Golden State Warriors will convert Damion Lee's two-way contract and waive Marquese Chriss, league sources told Adrian Wojnarowski of ESPN.

Lee had run out of his allotted 45 days on his two-way deal. He is averaging 12. 5 points and 5.3 rebounds on the season. 

Chriss signed a 1-year, $1.67 million deal with the Warriors in September.

Chriss averaged 7.3 points and 5.4 rebounds on the season. 

The Cleveland Cavaliers will waive Tyler Cook.

The Cavaliers converted Cook from a Two-Way contract to a standard contract a few days ago.

The Cavaliers initially claimed Cook from his Two-Way contract with the Denver Nuggets.

The Cleveland Cavaliers will waive Alfonzo McKinnie.

The Cavaliers have interest in re-signing McKinnie if he clears waivers.

The Cavaliers claimed McKinnie off waivers from the Golden State Warriors in October.