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Bobby Marks: In a corresponding move, Philadelphia waived Dalen Terry to clear salary below the first apron hard cap to sign James. Philadelphia is $2,012,784 below the first apron. This does not include Kentavious Caldwell-Pope 1 year veteran exception= $2,449,421

The Sixers will need to waive a player on a non-guaranteed salary before signing James. Although they have an open roster spot, signing James would put them above the $209 million first apron hard cap. The most straightforward path is waiving either Dalen Terry, who is non-guaranteed, or Jabari Walker, who has a $250,000 partial guarantee. They could also acquire Bronny James with one of their trade exceptions, but they would need to waive the other of Terry and Walker to create the apron space for him.

Tony Jones: The Philadelphia 76ers are converting two-way forward Dalen Terry to a standard NBA deal, League Sources tell The Athletic. That includes a team option for next season To make room, the Sixers are waiving guard Cam Payne, according to sources

Adam Aaronson: Sixers just upgraded Dalen Terry to AVAILABLE.
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Adam Aaronson: NEWS: The Sixers are signing Dalen Terry to a two-way contract, source tells @thephillyvoice . The Sixers opened up this spot once they signed Dominick Barlow to a standard contract hours after the trade deadline passed. This has no impact on the Sixers’ buyout market situation. They still have two standard roster spots that will eventually be filled. This backfills the two-way vacancy left by Dominick Barlow.

Michael Scotto: The New Orleans Pelicans are waiving guard Dalen Terry, league sources told @hoopshype.

K.C. Johnson: Guerschon Yabusele no longer has a player option for next season and will be a UFA this offseason, sources can confirm. He had worked with Knicks to amend contract before the Dalen Terry trade.

Yossi Gozlan: Jose Alvarado to the Knicks will likely be looped into the Yabusele trade. The Knicks can acquire him for one of Yabu or Dalen Terry.
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Ian Begley: The Bulls are keeping Guerschon Yabusele, per league sources. He will not be waived and will have a chance to play with Chicago’s guards. For Knicks, they receive a player on an expiring contract in Dalen Terry.

Yossi Gozlan: The New York Knicks get off Guerschon Yabusele's $5.8 million player option for next season by exchanging him for Dalen Terry, who is a free agent this summer. Great work by the Knicks to get off Yabu's money without attaching draft equity. They preserve 9 second-round picks.