Raptors’ Rodney Hood waived, plans to sign with Milwaukee Bucks

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More off-season shuffles continue for the Toronto Raptors as they try to put themselves in a position of salary cap flexibility and build towards the future.

Per ESPN’s Adrian Wojnarowski, Toronto Raptors forward Rodney Hood has agreed to a one-year contract with the defending champion Milwaukee Bucks after being waived by the Raptors.

Hood had a deal for $10.8 million for this upcoming season, which was set to guarantee unless he was waived today. The Raptors have opted to release Hood from his contract and free up salary cap space to make other moves, as they were unable to find a trade partner.

Rodney Hood was acquired alongside Gary Trent Jr. in a trade that sent Norman Powell to the Portland Trail Blazers back in March. In 17 games with Toronto, Hood averaged 3.9 points on 35.6 percent shooting overall. He is a capable perimeter shooter, and with Milwaukee in need of wing depth in an effort to chase another championship, he will be a fine addition to their roster.

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