The Utah Jazz waived Jaden Springer, per Michael Scotto of HoopsHype. The six-foot-four guard was on a non-guaranteed contract. However, $400,000 of that was going to become guaranteed if he remained on the roster through Jul. 25.
While the Jazz and Springer could have agreed to push back that deadline, the amount Utah would have owed him is probably not what kept him from remaining on the roster.
The Boston Celtics traded the former first-round pick to the Houston Rockets in a financially motivated move at this season's trade deadline. They lowered their tax bill by over $15 million by shedding his salary.