Celtics waive Lee 7 months after Warriors trade

The Boston Celtics have waived David Lee a day after revealing they were in talks with the veteran big man on terms for a buyout to end his brief tenure with the team.

"We thank David for his contributions to our organization and wish him nothing but the best in the future," president of basketball operations Danny Ainge sad in a statement Friday.

Lee, because he was waived before March 1, will be playoff-eligible for any team he signs with -- with the exception of Golden State. After being traded away by the Warriors in July, Lee is unable to sign with them until next season.

The Celtics could've used their draft-pick haul to try accelerating their rise in the East, but they showed restraint…