Warriors Waive Shaun Livingston

Warriors Waive Shaun Livingston

The Golden State Warriors waived three-time championship guard Shaun Livingston, but sources told ESPN his intention remains to return for a 16th season in the National Basketball Association.

The former fourth overall selection in the 2004 NBA Draft by the Los Angeles Clippers has played the last five seasons with the Warriors.

Livingston re-signed with the team in July of 2017 on a three-year, $24 million contract.

Livingston, who will be 34 before the start of next season, joins a free-agent market that is full of contending teams searching for championship-hardened veterans to fortify benches.

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According to The Athletic's Anthony Slater, the Warriors will stretch the remainig salary over the next three seasons, making it a $666,000 annual cap hit for three years. The team must remain under the tax apron of $138.9 million. He suffered a horrific knee injury in 2007, which many thought would end his career.

The 2004 fourth overall pick by the Los Angeles Clippers won three National Basketball Association championships with the Warriors, including five straight Finals appearances.

ESPN's Adrian Wojnarowski reported Tuesday that Livingston was being waived.