Hill was signed as a free agent last summer but appeared in just seven games, averaging 1.7 PPG and 2.0 RPG in 6.7 MPG. He inked a two-year, $8.18MM contract but the second year was not guaranteed. He was due to make $4.18MM next season and the club had until June 30th to decide whether to retain him.
The cost-saving move gives Minnesota more money to play with in free agency, as well as to absorb salaries in trades. Given Hill’s lack of playing time, the move comes as no surprise, as Jon Krawczynski of the Associated Press tweets.
Hill, 29, has played a total of 409 career games for the Rockets, Knicks, Lakers and Pacers as well as the Timberwolves. He posted averages of 7.9 PPG and 5.8 RPG during those games.