Bucks move fast to add Kam Jones, landing the former Marquette guard on a two-way deal after Bulls waiver

The Milwaukee Bucks have moved to add Kam Jones to their organization, agreeing to a two-way contract that keeps the former Marquette guard on an NBA roster track for the 2026-27 season. The deal arrives less than a week after Jones was reported to have been waived by the Chicago Bulls on June 30, a timing detail that matters because it positioned his next opportunity quickly as rosters and guarantees solidified for the new league year.

Jones’ path through the NBA has been defined by short windows and rapid re-placements, but the framework is familiar for two-way players: Milwaukee can use him as an occasional option while he spends most of his time developing with its G-League affiliate, the Wisconsin Herd. That arrangement typically limits day-to-day NBA minutes, yet it also gives the player a built-in lane to earn a call-up if practice and performance translate quickly once the season gets under way.

For Chicago, the waiver suggests the Bulls chose to open a roster slot after acquiring players through the draft process and surrounding roster management. Yahoo Sports reported that Jones was waived just before his contract guarantee for 2026-27, and it also tied the decision to Chicago’s draft-day moves that brought in the “Golden Eagles’ #2 all-time scorer” from Marquette. In other words, the Bulls’ decision is less about Jones’ talent on its own and more about how an evolving roster and personnel priorities shuffled opportunity.

The background on Jones’ earning power in the NBA includes his college pedigree, where Marquette positioned him as a key scorer, and his early pro production. CBS Sports’ report, citing NBA performance context, described Jones as a second-round pick of the Pacers in the 2025 NBA Draft who averaged 4.4 points, 3.2 assists and 1.6 rebounds over 37 regular-season games in 2025-26, with seven starts. Those numbers are not meant to suggest starter-level impact, but they do show he has demonstrated he can handle on-court responsibilities across a range of minutes.

Milwaukee’s interest also fits a broader team-building picture in the middle of an offseason reset. CBS Sports characterized the Bucks as moving into a new chapter after trading Giannis Antetokounmpo to the Heat in June and hiring Taylor Jenkins as head coach. For a franchise in transition, two-way additions are often about spacing the developmental pipeline, adding offensive reps, and giving coaches another guard who can be evaluated in practice while the team refines its rotation.

It remains uncertain how quickly Jones can make himself hard to keep off an NBA floor, especially with the league’s rules governing two-way call-ups. What is clear is that he is not waiting out the summer in limbo. He will now be competing for usage in Milwaukee’s offseason plan, with the most practical next milestones tied to training camp and the first stretch of regular-season evaluation rather than any single immediate spotlight.

The key question for both teams is whether the two-way lane becomes a springboard. For the Bucks, Jones represents a low-risk way to scout a guard with recent NBA game experience and a known college track record. For Jones, it is another immediate opportunity to turn prior minutes into a longer-term role if his shot creation, ball-handling decision-making, and defense translate consistently against NBA-level competition.