7:56pm: Patterson has officially been waived, the team announced via press release.
4:53pm: The Hawks are cutting ties with Lamar Patterson and intend to waive the shooting guard, Chris Vivlamore of The Atlanta Journal Constitution reports (via Twitter). No official announcement has been made by the team at this time. As a result, Patterson will become an unrestricted free agent, provided he clears waivers.
The 24-year-old’s contract is non-guaranteed, so Atlanta won’t be on the hook for any of his $874,636 salary as a result of this move. Patterson’s deal wasn’t going to be guaranteed until January 10th, which is the league-wide date, meaning his release was not motivated by an impending deadline.
Patterson made 35 appearances for the Hawks this past season, averaging 2.4 points, 1.4 rebounds and 1.1 assists in 11.3 minutes per outing. His shooting line was .350/.245/.727.