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 NBA playoff team.
Martin had until midnight (local time) on Tuesday to agree on 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 per cent from the three-point line.
He joined the Timberwolves in 2013 but his game time was cut this season as Minnesota promoted younger players.
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