The Milwaukee Bucks have reportedly finalized their buyout of Larry Sanders' contract.
The Milwaukee Bucks have requested waivers on center Larry Sanders, the team announced Saturday. Earlier in the day, Adrian Wojnarowski of Yahoo Sports reported that the Bucks had finalized their buyout of Sanders' contract.
"We believe this decision is in the best interest of our team," Bucks general manager John Hammond said in a release. "We wish Larry well and remain excited about the future of the Bucks organization."
Earlier in the week, reports indicated the Bucks had begun buyout talks with the fifth-year center. Sanders is in the second season of the four-year, $44 million contract he signed in 2013. He was suspended for 10 games last month after violating the NBA's anti-drug program. At the time, Bucks head coach Jason Kidd said Sanders' status would be evaluated during the All-Star Break.
Sanders, 26, has not played since Dec. 33. He also sat out 11 games for personal reasons before his suspension. Over 27 games this season, he averaged 7.3 points, 6.1 rebounds and 1.4 blocks in 21.7 minutes.
The 6'11 center was the 15th overall draft pick in 2010 by the Bucks out of Virginia Commonwealth.
The Bucks are 31-23, sixth in the Eastern Conference. At Thursday's trade deadline, they traded guard Brandon Knight to the Phoenix Suns in a three-team deal that landed Milwaukee Michael Carter-Williams from the Philadelphia 76ers.
- Mike Fiammetta