Bobby Marks ESPN
New Orleans will not incur a cap hit on the Christian Wood $1.6M salary. Wood had $822K that would have been guaranteed if he was not waived by the first day of the regular season. Because Wood signed (originally in Milwaukee) a veteran minimum contract, the forward/center can be claimed by any team. The roster now has 13 guaranteed contracts and 2 partial/non-guaranteed players (Kenrich Williams and Jahlil Okafor).