The Orlando Magic waived Timofey Mozgov, who was due to earn $16.7 million this season.
The Magic acquired Mozgov last July in a three-team deal that involved Bismack Biyombo.
Josh Robbins of The Athletic adds that if the Magic stretch Mozgov's contract over the next three seasons, they could get under the luxury tax to potentially re-sign Khem Birch.