Marcus Morris Finalizes Buyout Agreement With Spurs

5:31pm: The Spurs have officially waived Morris, the team announced in a press release.

4:07pm: Marcus Morris and the Spurs have agreed to a buyout, The Athletic’s Shams Charania tweets.

Morris will hit the waiver wire before the Friday night deadline for free agents to be eligible for the postseason. He can now look for an opportunity to join a playoff contender.

Morris was dealt from Philadelphia to San Antonio at the trade deadline in a three-team swap involving the Sixers, Pacers and Spurs. It was expected he’d get a buyout from San Antonio, which sits at the bottom of the Western Conference standings.

Morris won’t be able to return to Philadelphia this season. He also can’t sign with the Celtics, Nuggets, Warriors, Clippers, Heat, Bucks and Suns since those teams have salaries above the first or second tax aprons.

Morris was on an expiring $17.1MM contract this season. That figure is well above the mid-level exception ($12.4MM), which makes teams above the tax aprons ineligible to sign him under the CBA rules.

A couple of weeks ago, former teammate Patrick Beverley (Twitter link) said Morris was leaning toward the Timberwolves if he was bought out.

Morris didn’t suit up for San Antonio. He appeared in 37 games with Philadelphia this season, including seven starts. The 34-year-old averaged 6.7 points and 2.9 rebounds in 17.2 minutes before the trade to San Antonio.

Morris started regularly for the Clippers the past three-plus seasons before being sent to the Sixers as part of the James Harden trade in November. He has averaged 12.1 points and 4.5 rebounds in 820 career games. He’s a career 37.7% 3-point shooter, which should add to his appeal once he clears waivers.

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