The move opens up a roster spot for Philadelphia, which now has 15 players officially under contract (14 on standard contracts and one on a two-way). The team will also sign Grant Riller to a two-way contract and Haywood Highsmith to an Exhibit 10 deal, leaving three spots available on the 20-man offseason roster.
In addition, Philadelphia has yet to sign second-round draft pick Charles Bassey, who was selected No. 53 overall by the team last month.
Assuming he clears waivers on Sunday, Tolliver will reach free agency after concluding his 13th NBA season. The 36-year-old signed two ten-day contracts and a rest-of-season deal with the Sixers in 2020/21, appearing in a total of nine contests.