11:01pm: The team has indeed placed Hamilton on waivers, according to fellow Times scribe Eric Pincus (Twitter link).
The 6’7” shooting guard appeared in 14 games last season, averaging 2.7 points, 1.1 rebounds and 0.5 assists in 8.7 minutes per game. The 24-year-old played his first two-plus seasons with the Nuggets, then was dealt to the Rockets for Aaron Brooks midway through the 2013/14 season. Hamilton was taken in the first round of the 2011 draft by the Mavericks, who shipped him that night to Denver.
He signed two 10-day contracts with the Clippers last season and then was signed for the remainder of the season in March. He did not appear in any postseason games with the Clippers. He had a non-guaranteed salary of just over $1MM for the upcoming season.