"Facing a close-of-business Tuesday deadline to make a decision, the New Orleans Hornets waived guard Carldell "Squeaky" Johnson, a New Orleans native, and guard/forward DaJuan Summers to avoid having to guarantee their contracts for the rest of the season.

It's possible the team could re-sign both players in 48 hours when they clear waivers. Both players could be re-signed to 10-day contracts, twice, before a decision would have to be made whether to keep them for the rest of the season or let them go."