Veteran point guard Jarrett Jack will be on a new team for the 2016-17 season.
The Brooklyn Nets are attempting to trade the 11-year veteran, but if they can't find a team to take Jack, they will waive him, according to The Vertical.
Jack is scheduled to make $6.3 million next season, and if he's waived by Thursday, the Nets only owe him $500,000, according to the report.
The 32-year-old is coming off a torn right ACL that caused him to miss the final 50 games of the 2015-16 season.