The Warriors announced Friday that they have waived reserve guard Jeremy Lin. They also are holding off on the signing of first-round pick Klay Thompson, who did not participate in the first day of training camp because he doesn't have a contract.

Both moves are designed to create cap space. Why? The Warriors are preparing an offer sheet for Los Angeles Clippers center DeAndre Jordan, team sources confirmed. League rules require the Warriors have cap space available to cover the first year of the offer before the offer is made.

The Warriors, who have not hidden their desire to acquire a big man, have set their sights on Jordan, 23, after their No. 1 choice, Tyson Chandler, agreed to sign with the New York Knicks.

Jordan is a restricted free agent, so the Clippers will have the right to match the Warriors' offer. According to the Los Angeles Times, the Clippers plan to do so. The Warriors are going to try to call their bluff.

Jordan, a super athletic 7-foot-1 big man, is one of the more promising young centers in the league. He also represents the Warriors' last real chance of acquiring a quality big man. Nene, the Warriors believe per one source, is considerably overpriced with his commands of $15 million. And the Warriors are convinced Memphis will match any offer sheet for center Marc Gasol. And the Warriors don't particularly want Samuel Dalembert.

That leaves Jordan. To that end, the Warriors had to let fan favorite Lin go.

The Palo Alto native was set to make just shy of $800,000, but his contract was only partially guaranteed. Waiving him saved the Warriors more than a half-million dollars of salary cap space.

The Warriors are also waiting to sign Thompson, one source said, because once they do, it will eat up salary cap space they need.

  • Warriors guard Charlie Bell missed the start of training camp after being jailed in Flint, Mich., on Thursday. Bell showed up to court legally drunk for a hearing on his drunken driving case, ABC 12 (WJRT-TV) reported. He spent a few hours in custody after failing a pre-scheduled alcohol assessment test before his case was heard. His blood-alcohol level was .09. The legal limit is .08.

    Bell was released after he sobered up. He was expected back in court Friday. It is unclear when he will rejoin the team.

    Bell was originally arrested in Flint Township on Oct. 21 for drunken driving, driving with a suspended license and failure to stop at a stop sign. In February, Bell was arrested on suspicion of drunken driving in Oakland.

    Bell said via Twitter: "Sorry for letting everybody down. No excuses. Will do what it takes to make things right."

  • The Warriors announced the signing of second-round pick Charles Jenkins. He has a partially guaranteed contract for the league minimum.