Well, that was fast. Days after the Sacramento Kings acquired guard Larry Hughes from the New York Knickerbockers in a three-way trade that also involved the Houston Rockets.
Hughes was waived by Kings GM Geoff Petrie according to Adrian Wojnarkowski of Yahoo! Sports. From the beginning it was the addition of the salary of Hughes that was more important to the Kings ($13 million), that will now melt away from Sac Town’s books this summer like body fat after a P90X workout.
In 30 days Hughes will be free to join any team in the league that is interested in his services.