The Hawks must be serious about their cap flexibility this summer, because they’ve traded away last year’s first-round pick, Lucas Nogueira, to dump some money. Lou Williams’ contract would have counted for about $5.5 million in the upcoming season, but they’ve swapped it for John Salmons’ contract, which is only partially guaranteed. They’ll waive Salmons shortly. From

The Hawks, sources say, will immediately waive Salmons to expand their projected salary-cap space for this summer to $15.5 million, though one source cautioned Sunday that the move is more about flexibility and roster-shaping for the Hawks than any specific free-agent target. reported earlier this week that the Raptors engaged in serious discussions on draft day to swap Salmons and his cap-friendly contract for Grizzlies swingman Tayshaun Prince and Memphis’ first-round pick (No. 22). But those talks collapsed when two players Toronto was targeting in that draft range — Tyler Ennis and Gary Harris — were gone by the time the Raptors made their first selection of the round, drafting Brazilian project Bruno Caboclo at No. 20 overall.