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Report: Toronto Raptors waive Quentin Richardson

Aug 30, 2013, 6:38 PM EDT

Atlanta Hawks v New York Knicks Getty Images

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.

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