Overview
- The Bucks waived Pete Nance on Friday, July 3, according to the NBA transaction log, which prevents his $2.5 million 2026/27 salary from becoming fully guaranteed.
- Milwaukee promoted Nance from a two-way deal to a standard contract in March but his 2026/27 pay remained non-guaranteed until the guarantee date that the team avoided by cutting him now.
- Nance played 47 games for the Bucks in 2025/26 and averaged 5.4 points, 2.7 rebounds, and 1.0 assist while shooting 42.0 percent from three, making him a productive role player off the bench.
- The move follows roster churn and additions that left Milwaukee with 17 players, creating a numbers crunch at forward that made Nance’s non-guaranteed contract an obvious cap-saving cut.
- Despite the waiver, Nance is still on the Bucks’ Summer League roster and remains eligible for one more two-way season or a G League assignment, leaving open a viable path to return to the organization.