The Atlanta Hawks are converting guard Keaton Wallace from his two-way contract to a standard contract. Atlanta is then converting wing Caleb Houstan from his Exhibit 10 contract to a two-way contract.
Wallace played in 31 NBA games for the Hawks last season. He averaged 5.4 points and 2.6 assists in 16.2 minutes per game.
Atlanta signed Houstan as a free agent this offseason. Houstan had spent the first three years of his NBA career with the Orlando Magic.
The Hawks roster now stands at 14 players on standard contracts and three players on two-way deal. Atlanta seems set to carry one open roster spot into the regular season.