The Golden State Warriors have waived veteran point guard Chris Paul ahead of his $30 million contract guarantee date on Sunday, according to The Athletic's Shams Charania. As a result, Paul will now be an unrestricted free agent and is free to sign with any team.
In the weeks and months leading up to the start of free agency, there had been much speculation about Paul's future in the Bay Area.
Given his waning production and the Warriors' already expensive roster, it was always unlikely that he would be on the team next season at $30 million. However, the team could have guaranteed the contract in order to use it in a trade as a matching salary. Now that he's waived, that is no longer a possibility. That said, there may be a possibility that he could re-sign with the Warriors on a less expensive deal, though given that Warriors waived him, it remains to be seen if that is actually a feasible option on part of Golden State's front office.
CBS Sports will continue updating this story.
