No claims: Kevin Porter Jr., Dwight Powell and the rest of Monday’s waiver class clear, and three teams hold the last two-way spots

Nobody claimed Kevin Porter Jr., Dwight Powell, Dalton Knecht, Koby Brea, Sean Pedulla or Micah Peavy before Wednesday's 5 p.m. ET deadline. Who is still paying them, and where the last three two-way spots are.

Not one player from Monday’s last round of roster cuts was claimed off waivers. Kevin Porter Jr., Dwight Powell, Dalton Knecht, Koby Brea and Walter Clayton Jr. all cleared when the 48-hour window closed at 5 p.m. ET on Wednesday, Marc Stein reported. Stein later added that Sean Pedulla and Micah Peavy cleared as well.

Dwight Powell, Dalton Knecht, Kevin Porter Jr., Koby Brea and Dallas-bound Walter Clayton Jr. have all cleared waivers, @TheSteinLine has learned. https://t.co/GxeWhClui2
— Marc Stein (@TheSteinLine) October 21, 2026

The league’s official transaction log shows no waiver claims on Wednesday. The last claim of cut-down week was Phoenix picking up Drew Timme on Monday. Every player in Monday’s group is now an unrestricted free agent and can sign with any team, including the one that let him go.

Who cleared, and who is still paying

When a player clears waivers, the team that released him still owes whatever guaranteed salary was left on his deal. That money stays on its books this season even after he signs somewhere else.

Player	Waived by	What happened	Salary left behind
Kevin Porter Jr.	Bucks	Cleared; unrestricted free agent	$5.39 million, fully guaranteed
Dalton Knecht	Lakers	Cleared; two-way interest from several teams	$4.2 million cap hit
Walter Clayton Jr.	Grizzlies	Cleared; signed a two-way deal with Dallas	$4.19 million guaranteed
Micah Peavy	Grizzlies	Cleared; two-way interest	About $2.2 million
Dwight Powell	Mavericks	Cleared; unrestricted free agent	$1 million guaranteed
Sean Pedulla	Rockets	Cleared; two-way interest	Non-guaranteed
Koby Brea	Suns	Cleared; unrestricted free agent	Non-guaranteed

Suns forward CJ Huntley and Kings guard Adam Flagler, who were also released on Monday, have not been reported claimed either.

Porter’s case is the one most people expected. Any team that claimed him would have had to take on his full $5.39 million salary, and almost nobody had the cap room or a big enough trade exception to do it. Porter averaged 17.4 points, 7.4 assists and 5.2 rebounds in 38 games for Milwaukee last season, but a new team could now sign him for as little as a minimum deal, with the Bucks covering the rest.

The two-way race

Clayton went first. Dallas made his two-way contract official on Wednesday, using the slot it opened by cutting John Poulakidas over the weekend. That leaves only three open two-way spots in the league, in Sacramento, Minnesota and Toronto, and Jake Fischer said those three teams are all looking at Knecht.

Fischer added that Pedulla is also in the mix for the Kings’ last two-way slot and that Knecht, Pedulla and Peavy are being considered by “several overlapping teams,” with the Raptors looking at all three. The Kings are also still searching for guard help after Ben Simmons’ season-ending Achilles tear.

Sean Pedulla is also in the mix for Sacramento’s open two-way spot, along with Dalton Knecht, as we reported on today’s @BleacherReport stream. Sounds like Micah Peavy, Knecht and Pedulla are under consideration for several overlapping teams, including Toronto for all three. https://t.co/9zsAaD0zKf
— Jake Fischer (@JakeLFischer) October 22, 2026

With three seats and at least three names in the mix, at least one of these young players is likely to be left waiting.

Porter and Powell

The two veterans are in no rush. Fischer said Denver had some interest in Porter before Milwaukee waived him, and he expects Porter to favor a playoff team that can offer him a minimum contract. Adding a 15th player would push the Nuggets’ projected tax bill up by more than $16 million, which makes a Denver signing hard to pull off.

Powell, who spent 12 seasons in Dallas, watched from the outside as the Mavericks lost 128-110 in Houston on Wednesday night. Fischer thinks there is a decent chance he ends up back with the Mavericks at some point, even if that does not happen until after the trade deadline. Pat Connaughton is in a similar spot with Charlotte.

What to watch

Kings, Timberwolves and Raptors: the last three open two-way spots, with Knecht, Pedulla and Peavy the names linked so far.
Porter’s market, which should pick up as contenders deal with their first injuries.
Utah’s Blake Hinson, waived Wednesday to make room for Kobe Bufkin, clears at 5 p.m. ET on Friday.
Minimum salaries are prorated by the days left in the season, so each of these players gets a little cheaper to sign every day.