Pistons waive recent trade deadline acquisition

The Pistons have opened a roster spot by waiving Ryan Arcidiacono, the team announced.

The 29-year-old point guard was acquired Thursday in the trade that sent Bojan Bogdanovic and Alec Burks to New York. Reports at the time indicated that Arcidiacono was likely to be released sometime after the deal was complete.

Arcidiacono has an expiring $2.5M contract, so the Pistons won’t be on the hook for any money beyond this season.

This marked the second straight year that the Knicks have traded Arcidiacono at the deadline, sending him to Portland 12 months ago. He returned to New York on an Exhibit 10 contract in September, but saw limited playing time, averaging just 2.3 minutes per night in 20 games.

Teams will have 48 hours to submit waiver claims for Arcidiacono. Because his salary is less than this season’s non-taxpayer mid-level exception, Arcidiacono will be eligible to sign with any team except New York if he goes unclaimed.

Arcidiacono is the fifth player the Pistons have waived since Thursday’s trade deadline, joining Killian Hayes, Joe Harris, Danuel House and Danilo Gallinari.