Chase Budinger was officially waived by the Pacers on Saturday.

Budinger was officially waived by the Pacers on Saturday.

Analysis:

News of the move surfaced back on Thursday, but Budinger still suited up and played 12 minutes in Friday night's loss to the Hornets. He'll now become a free agent and figures to draw considerable interest around the league, though he won't be eligible to play in the postseason since he was waived after the March 1 deadline. The Pacers will sign Ty Lawson to fill the roster spot vacated by Budinger.