FEBRUARY 8: The Mavericks have officially waived Randolph, the team announced today in a press release.
Given his sizable cap hit ($11,692,308), Randolph will almost certainly go unclaimed, so he’ll become an unrestricted free agent once he clears waivers. He’ll be free to sign with any team besides Sacramento at that point.
There’s no indication based on Charania’s report that Randolph has agreed to reduce his salary as part of the transactions. Veterans on oversized contracts generally only agree to buyouts if they have a new destination lined up, and it’s not clear if that’s the case for Randolph.
The 37-year-old had yet to appear in a game for the Kings this season after playing 59 games (57 starts) in 2017/18. Randolph was still productive last season, averaging 14.5 PPG and 6.7 RPG on .473/.347/.785. While his limited ability to protect the rim or switch on defense will reduce his appeal to some extent it’s possible he’ll still draw interest from contending teams.