Official waiver in Golden State
The Golden State Warriors have waived guard Deivon Smith, effective September 16, leaving him without an NBA team after a sign-and-waive transaction that does not change the franchise current preseason roster count. The move confirms his exit from the team and fits the usual training-camp routine for players tied to G League affiliate Santa Cruz Warriors.
The transaction appears in NBA.com oficial and was reported by Hoops Rumors, which places the cut on the same day Golden State also waived Chance McMillian after signing both guards to Exhibit 10 contracts.
Smith profile
Smith, a 24-year-old guard, played seven games in July with the Warriors during the Las Vegas Summer League, averaging 8.3 points, 5.6 rebounds and 2.7 assists in 17.2 minutes. In the tournament finale he scored 21 points and grabbed nine rebounds, one of the standout performances of his summer with Golden State.
Last season he split time between the Santa Cruz Warriors and College Park Skyhawks in the G League, and both players had already spent the previous campaign with Golden State affiliate. Hoops Rumors notes that the waiver does not break the Warriors project continuity: Smith fits the Exhibit 10 routine of players who pass through the main preseason roster before continuing their development in Santa Cruz.
What the waiver means
By leaving the main roster, Smith no longer occupies a preseason 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 leaves two open spots on the 21-man offseason roster, with room to repeat the same pattern with other developmental profiles.
Roster context
Smith move comes alongside McMillian, another guard for whom the Warriors used the same sign-and-waive pattern on the same day. The transaction repeats the dynamic Golden State has 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.
