Devonte’ Graham is about to be a free agent.

He was set to make $12.7 million with the Spurs this season, but with Chris Paul and just drafted Stephon Castle on the roster, San Antonio doesn’t need a pricy third guard. So, the Spurs agreed to send Graham and a second round to Charlotte, then the Hornets will waive him, making Graham a free agent, a story broken by ESPN’s Adrian Wojnarowski.

Graham only played in 23 games for the Spurs last season and averaged five points a game.

This trade is more about the Spurs freeing up cap space and the Hornets getting a second-round pick for helping out.

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