Official waiver in Golden State
The Golden State Warriors have waived guard Chance McMillian, effective September 16, leaving him without an NBA team after a sign-and-waive transaction that does not change the franchise current roster count. The move confirms his exit from the team and fits the usual preseason routine for players tied to G League affiliate Santa Cruz Warriors.
The transaction appears in NBA.com oficial and was reported by Sporting News, which places the cut within the same September 16 wave in which Golden State also waived Ja'Vier Francis and Jacksen Moni.
McMillian profile
McMillian, a 6-foot-3 guard and 25-year-old, went undrafted after stops at Grand Canyon and Texas Tech, where he averaged 12.5 points on 49.9 percent shooting and 41 percent from three in Lubbock. Last season he appeared in 31 games for the Santa Cruz Warriors, averaging 16.6 points, 4.9 assists and 4.2 rebounds in 29.9 minutes.
Golden State had signed him hours earlier to an Exhibit 10 contract, but the waiver does not break the franchise development project continuity. McMillian joined the Warriors summer league roster in July but could not play in the California Classic or NBA 2K26 Summer League because of a left ankle stress fracture that required surgery.
What the waiver means
By leaving the main roster, McMillian no longer occupies a training-camp spot and becomes a free agent until his next step within the Warriors ecosystem is defined. The most likely scenario leads to the Santa Cruz Warriors, where he could follow the Exhibit 10 pathway.
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 $91,000. For Golden State, the cut fits the development structure the Warriors have consolidated rather than a decision about the main NBA roster.
Roster context
McMillian move comes alongside Francis and Moni, other profiles for whom Golden State used the same sign-and-waive pattern within hours. The transaction repeats the dynamic the Warriors have used this September to secure rights in Santa Cruz rather than lock roster spots on the main NBA team, with training camp scheduled for late September.
