In preparation for the beginning of free agency, Philadelphia 76ers have decided to waive veteran guard Gerald Henderson.
Team announces it has waived guard Gerald Henderson.— Philadelphia 76ers (@sixers) June 30, 2017
Pres. of Bball Ops Bryan Colangelo thanks Gerald for his contribution to the program: pic.twitter.com/nWhsPCCYVS
Henderson, 29, played 72 games this past season for Philadelphia, averaging 9.2 points per game while shooting 42.3 percent from the floor and 35.3 percent from beyond the arc. The Sixers signed Henderson to a two-year, $18 million deal, but the second year of his contract was only partially guaranteed. His $9 million salary for the 2017-18 season was set to be guaranteed tonight, so the team opted to part ways prior to that happening. Instead, it'll just be a $1 million cap hit for the Sixers.
With Henderson gone, the Sixers will look to fill some veteran spots on their roster via one-year deals, as reports indicated earlier today.
The NBA'a free agency period begins July 1 at midnight.