Atlanta Hawks Convert Keaton Wallace To Standard Deal, Caleb Houstan To Two-Way Contract

The Atlanta Hawks have made key roster adjustments by converting guard Keaton Wallace's two-way contract into a one-year standard NBA contract, reflecting his strong preseason performance with averages of 5.5 points, 5.0 assists, and 1.5 steals in 16.6 minutes per game. To fill the roster spot left by Wallace's promotion, the Hawks converted former Orlando Magic forward Caleb Houstan's Exhibit 10 deal into a two-way contract. Houstan, known for his three-point shooting prowess, averaged 4.1 points and 1.3 rebounds last season, showcasing significant improvement in three-point shooting after the All-Star break. Despite limited athleticism and defensive impact, Houstan's floor-spacing ability makes him a valuable end-of-rotation player for Atlanta, especially as he enters his final season of two-way eligibility. The Hawks appear to prioritize Wallace's game-to-game availability and potential role as a ball-handler alongside star Trae Young, while Houstan provides depth as a sharpshooter. Both players are expected to contribute to the Hawks' roster flexibility heading into the season.