"The 2006-07 Jazz roster will also not include
guard Milt Palacio, a journeyman free agent who was a Jazzman last season but whose ties to the club were hurt when it traded for Derek Fisher. Palacio, who played collegiately at Colorado State, spent much of the summer working out in Salt Lake City but is nearing a deal with the Seattle SuperSonics, according to the Seattle Times, citing "a league source." Deseret Morning News
Sweet. Milt's deal is non guarranteed. He's fighting for the 3rd point guard position. Good luck Milt!