Aug 30, 2013, 6:38 PM EDT
New York igned and traded Quentin Richardson with a three-year deal as part of the Andrea Bargnani deal, however Toronto wasn’t interested in him as a player. He and his salary were needed to make the trade work out, that was it.
The Raptors have a glut of players on the wing and planned to trade him or waive him… the answer is the latter.
Toronto waived Quentin Richardson on Friday, reports Adrian Wojnarowski of Yahoo Sports.
Richardson, 33, was owed the veteran league minimum of $1.4 million this season but the second and third years of deal were not guaranteed, according to Sham Sports. That means Richardson still counts against the Raptors cap this year but not in future years.
Last season a young Magic team didn’t play Richardson and eventually swallowed his $5 million salary to waive him. The Knicks signed him for the playoffs but he played a total of 14 minutes in five games in the postseason for New York.
At his age and with his game declining, it’s going to be hard for him to catch back on with a team.
- Report: Tobias Harris reaches four-year, $64 million extension to stay with Orlando 0
- Report: Rajon Rondo agrees to one-year, $9.5 million deal with Sacramento Kings 32
- Report: DeAndre Jordan agrees to four-year, $80 million deal to join Dallas Mavericks 47
- Report: Kings signing Marco Belinelli to three-year, $19 million contract 16
- Report: Knicks to sign Robin Lopez to four-year, $54 million contract (unless DeAndre Jordan changes his mind) 9
- PBT Extra: Free agent signings we didn’t love 6
- Report: Wes Matthews reaches agreement to join Dallas Mavericks 23
- PBT Extra: Five best free agent signings in the first days of free agency 11