The Philadelphia 76ers are adding forward Kenneth Lofton Jr. on a two-way contract. To clear room for Lofton, the Sixers are waiving guard Javonte Smart.

Lofton was waived by the Memphis Grizzlies earlier in the week. Memphis needed to create a roster spot when Ja Morant was reinstated from the suspended list.

The 6-foot-6 forward appeared in 39 NBA games with the Grizzlies over the past two seasons. He's averaged 4.1 points in seven minutes per game over that period.

In the G League, Lofton has been a dominant scorer and rebounder. In 32 games over two seasons with the Memphis Hustle, Lofton has averaged 22.4 points and 10.2 rebounds per game.

Smart appeared in one NBA game for 76ers this season.

The New York Knicks have waived Jaylen Martin from his two-way contract. New York did this to create roster space to sign Dmytro Skapintsev to a two-way deal. Skapintsev was added to provide center depth, with Mitchell Robinson and Jericho Sims both injured.

Martin did not appear in an NBA game this season. The 6-foot-6 wing played in 16 games with the Westchester Knicks of the G League. Martin averaged 9.7 points and 2.9 rebounds for the G League Knicks.

The Phoenix Suns have claimed two-way player Theo Maledon off waivers. Maledon was waived by the Charlotte Hornets at the end of last week.

Phoenix has had an open two-way roster spot all season. Charlotte waived Maledon to add Nathan Mensah for some additional frontcourt depth.

In 13 NBA games this season, Maledon has averaged 4.2 points and 2.2 assists in 15.4 minutes per game. With several backcourt injuries last season, Maledon appeared in 44 NBA games for the Hornets. He averaged 6.7 points and 3.5 assists before re-signing on a second two-way deal with Charlotte over the summer.

The Chicago Bulls are signing forward Henri Drell to a two-way contract. To make room for Drell, the Bulls will waive forward Justin Lewis.

Drell has played for the Windy City Bulls of the G League for the last three seasons. The 6-foot-9 Estonian has averaged 7.9 points and 4.9 rebounds per game over those three seasons.

Lewis has yet to appear in NBA game, despite spending two seasons with the Bulls. He missed the entirety of the 2022-23 season while rehabbing from a torn ACL. Lewis has averaged 5.7 points and 5.1 rebounds in 12 games for Windy City this season.

The Washington Wizards have waived John Butler Jr. Butler was signed to a two-way contract with the Wizards and the Capital City Go-Go of the G League.

Butler did not appear in a game with Washington this season. In 10 G League games, the 7-foot center averaged 7.9 points, 3.8 rebounds and 1.7 blocks in 22.5 minutes per game.