After agreeing to push back the deadline on Chris Paul's $30 million non-guaranteed contract, the Warriors are waiving the veteran point guard. The move now amounts to a salary dump, given that Paul is coming off the books for nothing.
The Warriors are at approximately $146 in payroll committed for next year, meaning they'll have the non-taxpayer midlevel exception of $12.8 million and the bi-annual exception ($4.8 million) available to use on free agents.
Paul averaged 9.2 points and 6.8 assists per game in his one season with the Warriors. The 12-time All-Star came off the bench for the first time and may seek a starting role again.
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