Pablo Prigioni was officially waived by the Nuggets on Monday, Marc Stein of ESPN reports.

Prigioni was officially waived by the Nuggets on Monday, Marc Stein of ESPN reports.

Analysis:

This move was largely expected, as the Nuggets wanted to remove his $1.7 million contract off their books. Prigioni is now an unrestricted free agent and free to sign with another team. The fourth-year pro will likely look to join a team who needs depth in the backcourt. Splitting the 2014-15 season between the Knicks and Rockets, he combined to finish with averages of 4.1 points, 1.8 rebounds, 2.6 assists, and 1.2 steals, while shooting 40 percent from the field and 34 percent from the three-point line.