UPDATE 7:33 pm: The other shoe dropped on this move when ESPN.com’s Marc Stein reported that the league had granted the Knicks luxury-tax relief on Mobley’s $9.5 million salary. It was granted because he never played with the Knicks due to an undisclosed injury -- the Knicks traded for him then it was discovered he had a heart condition that meant he had to retire. He did, but the Knicks were still on the hook for his luxury tax numbers.
He was not waived earlier because the league just granted the tax relief today.
2:26 pm: He hasn’t ever worn a Knicks uniform on the court. He hasn’t played meaningful minutes since 2008.
Still, there were good times with Cuttino Mobley, so it’s a little sad to see him waived today by the Knicks.
Remember the good times in Houston, paired with best bud Steve Francis in the backcourt. Before the Yao/McGrady era. There was the slam dunk contest and some pretty good play in those years. There were the lost Clippers years, when he continued to be a solid NBA player but nobody noticed.
That Mobley era has really been over for a while, but it’s official now.