The 76ers have officially waived Andres Nocioni, the team announced in a press release. Philadelphia had allowed Nocioni to explore other opportunites in anticipation of a possible contract buyout.
"We want to sincerely thank Andres for his contributions to our team and maintaining a true level of professionalism throughout his time here," Sixers president of basketball operations Rod Thorn said. "We wish him the best of luck as he pursues future opportunities."
Nocioni was in the fifth year of a six-year contract, earning $6.65MM this season. The team held a $7.5MM option for 2012/13 which it didn't intend to exercise. Nocioni's production declined over the course of the contract, to the point where he only appeared in 56 minutes over 11 games this season, scoring a total of 17 points.
Agent Claudio Villanueva told Noticias de Alava before the move that he thought there was a good chance his client would return to Europe when he and the Sixers officially parted ways (via Sportando).