The New Orleans Hornets announced today that they have waived forward Lee Nailon and guard Terrell McIntyre. The roster is now set at 14 players.

"By waiving Nailon and McIntyre now, we solidify our roster and give Lee a better chance of landing on another team," said Hornets Executive Vice President of Basketball Operations Bob Bass.

Marc Berman of the New York Post reports that the Knicks are seriously considering claiming Nailon and his contract off of waivers. They have the ability to do so because of the recently granted injury exception awarded to the team to replace Antonio McDyess.

If the Knicks are able to claim the 6-9 small forward, it would put them in a better position to trade Latrell Sprewell.