Nuggets waive former first-round pick Nik Stauskas

The Nuggets have waived Nik Stauskas, who signed with Denver earlier Saturday, according to NBA.com’s transactions log. Stauskas is expected to land with Denver’s new G League affiliate, the Grand Rapids Gold, once he clears waivers.

The well-traveled shooting guard began his career in 2014 when the Kings selected him with the eighth pick of the draft. After one year in Sacramento, Stauskas spent time with the Sixers, Nets, Blazers and Cavaliers. He has appeared in 335 games with career averages of 6.8 points, 2.1 rebounds and 1.5 assists while shooting 38.9% from the field and 35.3% from three-point range.

Stauskas has been out of the NBA since the end of the 2018-19 season, although he was with the Bucks in training camp last year. He spent part of the 2019-20 season in Spain and played for Raptors 905 in the G League last season.