The New Orleans Hornets announced today that the team has waived forward Dominic McGuire.

The Hornets signed Dominic McGuire on December 16, 2012 as a free agent. Since his signing, McGuire has appeared in nine games and has averaged 2.1 points, 3.1 rebounds and 1.0 assists in 16.0 minutes per game.

McGuire (6-9, 220) holds career averages of 2.8 points, 3.4 rebounds, 1.2 assists in 340 games (83 starts).

The Hornets roster now stands at 13.

According to Marc Stein his contract would have been fully guaranteed if he was still on the roster this Tuesday.

About the waiver process, per Larry Coon:

Waivers are a temporary status for players who are released by their team. A player stays “on waivers” for 48 hours, during which time other teams may claim the player and assume his contract. If no team has claimed the player before the end of the waiver period (which is always 5:00 PM Eastern Time), he is said to have “cleared waivers.” …. The waiver period includes Saturdays and Sundays.

Additionally, 10-day contracts become available Monday (thanks for pointing this out, Mason). This could be a factor.

About 10-day contracts, per Larry Coon:

A 10-day contract is just that, a player contract which lasts ten days (or three games, whichever comes later). Teams may sign players to 10-day contracts starting January 5 (or the first business day thereafter) each season. Teams cannot sign players to 10-day contracts that would extend past their last regular season game. In other words, after their 80th game (64th in 2011-12) or after the 10th day before their last regular season game (whichever comes first) teams can no longer sign 10-day contracts.

A team may sign a single player to two 10-day contracts in one season (they may or may not be consecutive). After the second 10-day contract, the team can only retain the player by signing him for the remainder of the season. A team can’t have more 10-day contracts than they have players on their Inactive List.

So, if the Hornets picked up a 10-day contract with McGuire on the roster, that would bring the roster to 15, with Darius Miller being inactive. Now, the roster will be at 14 following a 10-day acquisition. As noted last year, this team is a fan of the 10-day contract.

This does mean, however, that the team will the minimum of 12 players on the active roster for tomorrow’s game in all likelihood.

What’s the big deal of having a free roster spot? Dell can net 1 player either way or do an even swap if an opportunity comes around, which increases the number of opportunities.

In memory, we have this gem from truthaboutit.net

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