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.