(Reuters) - The Minnesota Timberwolves reached a buyout agreement with Kevin Martin on Tuesday, cutting ties with the experienced guard and leaving him available to sign with a potential playoff team.
Martin had until midnight Eastern Time on Tuesday to agree an exit deal or miss out on a chance to play for a team in this year’s post-season.
Media reports have linked the three-point shooter with a switch to the San Antonio Spurs.
Martin, 33, averages 17.6 points per game for his career and shoots 39 percent from the three-point line.
He joined the Timberwolves in 2013 but has seen game time cut this season as Minnesota promoted younger players.
(Writing by Jahmal Corner in Los Angeles. Editing by Patrick Johnston)