MONDAY, 10:09am: The move is official, the team announced via press release.
SUNDAY, 9:00pm: The Warriors waived Jason Thompson to make room for Anderson Varejao, according to Marc J. Spears of Yahoo Sports (Twitter link). The Warriors will use the stretch provision, Marcus Thompson of the Bay Area News Group tweets. Thompson had $2.65MM guaranteed for 2016/17, but the Warriors can stretch $883,333 over the next three seasons, Bobby Marks of The Vertical on Yahoo Sports points out via Twitter.
The Warriors acquired Thompson this past offseason in a trade from the Sixers. Thompson, whom the Kings had traded to the Sixers earlier in July, has had the worst season of his career, statistically speaking, so it is no surprise the Warriors are parting ways. A starter for most of his carer, Thompson has appeared in only 28 games and has made only one start.
It will be interesting to see if any team adds Thompson, 29, who has been in decline since the 2013/14 season. The Warriors reportedly reached an agreement with Varejao on Sunday. The Warriors had a need in the frontcourt with Festus Ezeli still out because of arthroscopic knee surgery and Andrew Bogut nursing an Achilles injury, but seemingly had no desire to play Thompson.