The Raptors have waived Rasual Butler, the team announced in a press release. By releasing him today, the Raptors allow Butler to sign elsewhere and be eligible for the playoffs.
Butler, who signed with Toronto in December for the veteran's minimum, has played in 34 games for the club, averaging just 3.2 points and 1.9 rebounds in 13.3 minutes per game. The 31-year-old has a career-low .308 FG% (.273 3PT%) and has played just two minutes in March for the Raptors, his sixth NBA team.
The Raptors, who have also traded Leandro Barbosa and waived Anthony Carter this month, will reduce their roster to just 12 players after parting ways with Butler, so it wouldn't be a surprise if they added a player or two for the season's final few weeks.
Adrian Wojnarowski of Yahoo! Sports (Twitter link) first reported that the Raptors had agreed to waive Butler.