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Report: Toronto Raptors waive Quentin Richardson

Atlanta Hawks v New York Knicks

NEW YORK, NY - APRIL 17: Quentin Richardson #55 of the New York Knicks plays in his first game as a Knick against the Atlanta Hawks at Madison Square Garden on April 17, 2013 in New York City. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Bruce Bennett/Getty Images)

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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.