Only big name I've seen waived was Quentin Richardson, whom the Magic still owe over $5mil. Oh, and Flip Murray by the Griz. Oh, and Daniel Orton by the Thunder. Others: Marqus Blakely (didn't he look good in Summer League) by the Clips Ronald Dupree and Jerome Jordan also by the Griz. Andrew Goudelock by the Lakers (and he actually played for them last year) as well as Darius Johnson-Odom
Chris Wright and Solomon Alabi by the Hornets. Mustapha Farrakhan, Eddie Gill, Orien Greene and Alando Tucker by the Bucks.
Alabi and Orton might be worthwhile to look at as big-man projects. I know I'm not the only Alabi fan on here. As for Orton: proof why you don't take the backup center freshman from the NCAA Championship team averaging 3/3 with a first-round pick.
Houston was already overstocked, and now they did a lopsided trade 2 for 4. Who're they gonna waive? They've got to waive Machado or Shaun Livingston. PLEASE trade Nolan to the Bobcats for a second-rounder and get one of them. EDIT: Here's Houston's roster of 20 players. Apparently they're waiving Gary Forbes, Jon Brockman and JaJuan Johnson (all of whom are actually not bad) and have to make 2 more cuts. Almost certainly Greg Smith is one of them. Machado is paid the least...
In the few preseason games they aired down here, Flip Murray actually looked like he could still play. I never really understood why he fell out of the league in the first place. Jerome Jordan also looked like he should be in the NBA. He's a physical freak of nature that can actually run the floor. The Daniel Orton waiving is pretty surprising. I know the kid is pretty talentless, but did the Thunder really think he was worse than Thabeet? That's a cautionary tale for all of the guys who want to 1-and-done at Kentucky. Also, DJO being cut is disappointing. He really wouldn't have had an impact on the Lakers, but you have to feel bad for the second round picks that don't make the final roster of 15. EDIT: You can find the full list of transactions here - http://www.nba.com/news/transactions/2012_13/index.html Some other notable cuts are veteran centers Dan Gadzuric and Jamaal Magloire, as well as veteran forward Kelenna Azubuike, who couldn't make a successful comeback from his knee injury in '09.