12:37pm: The Spurs have officially waived Satoransky, the team announced in a press release. He’ll clear waivers on Monday, at which point he’ll be free to sign with Washington.
11:19am: Veteran guard Tomas Satoransky is preparing to sign with the Wizards after agreeing to a contract buyout with the Spurs, Adrian Wojnarowski of ESPN tweets.
Satoransky is in the final year of a three-year, $30MM contract and it’s safe to say he’ll clear waivers.
Satoransky appeared in 32 games with New Orleans and one game with San Antonio this season. He was involved in two deadline deals — he was traded from the Pelicans to the Trail Blazers in the CJ McCollum blockbuster, then was shipped to the Spurs in a three-team swap.
Satoransky played his first three seasons in the league (2016-19) with Washington. With Bradley Beal out for the season and Spencer Dinwiddie having been traded to Dallas in the Kristaps Porzingis deal, Satoransky should jump right into the Wizards’ rotation.
The Spurs previously bought out another player they acquired at the trade deadline, Goran Dragic. As a result, they’ll have two open spots on their 15-man roster once they officially waive Satoransky — they’ll have two weeks to go back to the NBA-mandated minimum of 14 players.