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The Atlanta Hawks and guard Marco Belinelli are working toward a buyout agreement that will send the veteran shooting guard into free agency, according to a report from ESPN.
Belinelli, 31, had been the subject of trade rumors after the Hawks decided to openly look for deals. They were unable to find a taker prior to Thursday’s deadline.
Before Thursday’s deadline, the Philadelphia 76ers, San Antonio Spurs and Oklahoma City Thunder were among teams believed to be interested in trading for him, league sources said. Those teams do have roster spots available to sign a free agent.
As ESPN also noted, players must be bought out before March 1 to be eligible for another team’s playoff roster.
There has been speculation through league circles that the Golden State Warriors may pursue Belinelli, as they reportedly are adamant on improving their bench depth.
Belinelli is averaging 11.4 points on the season while shooting 41.1 percent from the field and 37.2 percent from three.