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The New York Knicks are waiving guard Landry Shamet. The Knicks had signed Shamet to a non-guaranteed Exhibit 9 contract earlier this offseason.

After the Knicks made trades for Mikal Bridges and Karl-Anthony Towns, it looked like Shamet may make the opening night roster. Unfortunately, Shamet suffered a dislocated shoulder earlier this week. It’s unclear when he’ll be available to play, but Shamet could re-sign with New York when he’s healthy.

The Knicks have three open standard roster spots. They’ll have to sign at least two players to get to the required minimum of 14 players on standard deals. One challenge for New York is that they have only $3.5 million in space under the second apron, where they are hard-capped as a result of the Bridges’ and Towns’ trades.

The Memphis Grizzlies and Brooklyn Nets got close on a deal for Dorian Finney-Smith. After the Nets moved Finney-Smith to the Los Angeles Lakers, news broke that Memphis was not happy with Brooklyn moving away from their deal. Despite that, both sides have moved on and have talked deals involving Cam Johnson heading to the Grizzlies.

However, at this point, nothing substantive has taken place between Memphis and Brooklyn in Johnson trade talks. The Nets are expected to continue shopping the veteran wing up until the February 6 trade deadline.

Johnson, who is currently out with a sprained ankle, has put together a career-year for Brooklyn this season. The 6-foot-8 wing is averaging a career-best 19.5 points on 50/44/90 shooting splits. Johnson is also grabbing 4.3 rebounds and handing out a career-high 3.0 assists per game.