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Timberwolves waive Matt Ryan, sign Daishen Nix to two-way contract

The Timberwolves finalized some back-end roster moves Friday by waiving Matt Ryan, who was on a two-way contract, and signing guard Daishen Nix to the team's final of three two-way contracts, the team said Friday.

Luka Garza and second-round pick Jaylen Clark are the team's other two-way players. Nix averaged six points and 3.3 assists in four preseason appearances for the Wolves. He played the last two seasons for the Rockets and appeared in 81 games after playing for the G-League Ignite instead of going to college.

Nix was signed to the team's Exhibit 10 contract before getting bumped up to the two-way slot.