The Charlotte Hornets waived guard Kyle Mangas on Thursday, one day after signing him, and replaced him with Jarkel Joiner on an Exhibit 10 contract. Rod Boone of The Charlotte Observer reported the corresponding move, which continues Charlotte's back-end roster churn ahead of training camp. Mangas is the third player the Hornets have rotated through that open offseason spot this week, following Josiah Allick and Trey Townsend. Greensboro acquired Mangas' returning rights in August, so the likely path is a Swarm stint tied to an Exhibit 10 bonus if he stays long enough. The 27-year-old averaged 16.7 points, 4.2 rebounds, and 2.2 assists in 35 G League games for Austin last season, but this move has no fantasy impact.

The Orlando Magic officially signed guard/forward Malaki Branham to an Exhibit 10 contract, one of two camp deals completed alongside JD Davison. Branham, a former Ohio State guard, finished last season with the G-League's Cleveland Charge after Charlotte waived him in February. Orlando has 13 guaranteed contracts plus Jamal Cain's non-guaranteed deal, leaving Branham and Davison to compete for a possible final standard roster spot under new head coach Sean Sweeney. The two-way path is already closed, with Izaiyah Nelson, Alex Morales, and Colin Castleton occupying those slots. Branham has a scoring pedigree, but Orlando's guard depth leaves him buried unless the roster picture changes.

The Orlando Magic signed guard JD Davison to an Exhibit 10 contract, one of two camp deals the team completed alongside Malaki Branham, according to Jason Beede of the Orlando Sentinel. Davison, the 2024-25 G-League MVP, was waived by Houston in August after the Rockets had converted him to a standard contract in April. His path into Sean Sweeney's rotation is close to blocked. Orlando has all three two-way spots filled by Izaiyah Nelson, Alex Morales, and Colin Castleton, while Jalen Suggs, Desmond Bane, Anthony Black, Jevon Carter, and Jase Richardson crowd the guard rotation. Davison is likely competing for an Osceola role, not fantasy relevance.

Houston Rockets guard/forward Amen Thompson agreed to a five-year, $208 million rookie-scale extension with the franchise, according to ESPN's Shams Charania. The deal includes a 10 percent trade kicker and locks in one of Houston's core pieces after Thompson led the NBA in minutes last season. The 23-year-old logged 37.4 minutes per game across 79 starts while averaging career highs of 18.3 points, 7.8 rebounds, 5.3 assists, and 1.5 steals. That workload remains the fantasy hook. Kevin Durant and Alperen Sengun will command touches, but Thompson's rebounding, defensive production, and ball-handling role keep him firmly valuable. The jumper is still the swing skill, so his ceiling rises only if the shooting catches up.