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Wolves Waive Greg Smith

4:31pm: The Wolves officially announced that they have waived Smith.

4:24pm: The Timberwolves have waived center Greg Smith, Shams Charania of The Vertical reports (via Twitter). Provided he clears waivers, the big man will become an unrestricted free agent as a result of the team parting ways with him.

The 25-year-old signed a multiyear deal with the team in March after his second 10-day pact with the club expired. Smith earned $137,380 for his work after inking the pact and was set to be paid $1,139,123 in 2016/17. The contract called for no guaranteed money, so Minnesota will not be on the hook for any salary by waiving Smith.

In 18 appearances for the Wolves Smith averaged 2.4 points and 2.3 rebounds in 10.7 minutes per outing. His shooting line was .563/.000/.412.

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