Official waiver in Atlanta

The Atlanta Hawks have waived guard Lamont Butler with immediate effect, leaving him without an NBA team just one day after adding him to their preseason roster. The move, effective on September 11, confirms his exit from the franchise on the same day Atlanta also waived Devin Carter.

The transaction is listed on NBA.com oficial and was detailed by Hoops Rumors, which places the waiver one day after Butler signed with Atlanta on September 10 to fill the spot opened by forward Keyshawn Bryant.

Butler profile

Butler, a 6-foot-2 guard, spent four years at San Diego State and one at Kentucky before going undrafted in 2025. In his final college season he averaged 11.4 points, 4.3 assists, 2.9 rebounds and 1.6 steals in 26.0 minutes on .498/.391/.735 shooting. He previously signed an Exhibit 10 deal with Atlanta last fall and was waived before the 2025/26 season began without ever appearing for the College Park Skyhawks.

Hoops Rumors notes that Butler missed the entire 2025/26 campaign after tearing his left ACL and meniscus during the affiliate training camp in October 2025.

What the waiver means

Once off the main roster, Butler no longer occupies a camp spot and becomes a free agent until his next step is defined. The most likely scenario within Atlanta project remains the College Park Skyhawks, where he could follow the Exhibit 10 route already used with other camp additions.

If he eventually joins the affiliate and spends at least 60 days in the G League, he could earn an Exhibit 10 bonus worth up to $91K. For Atlanta, the waiver fits the rotation of developmental profiles the franchise has used to manage its preseason roster spots in recent weeks.

Roster context

The move closes a very short cycle: Butler arrived to replace Bryant, signed on September 10 and was waived the next day alongside Carter. The transaction repeats the pattern Atlanta has used this summer with Exhibit 10 agreements designed to secure G League rights rather than lock in main-roster spots.