NBA: Pelicans release Taj Gibson after trade

The New Orleans Pelicans waived Taj Gibson on Wednesday, one day after acquiring the veteran in a multi-player trade with the Memphis Grizzlies.

The move saves the Pelicans $3.8 million in non-guaranteed salary that Gibson would have been due this season.

Gibson was part of a trade on Tuesday that sent Jordan Hawkins and Micah Peavy to Memphis for AJ Johnson. The teams also exchanged future second-round draft picks.

Gibson is a 17-year veteran who averaged 8.3 points and 5.7 rebounds in his career. His career included stints with the Chicago Bulls, Oklahoma City Thunder, Minnesota Timberwolves, New York Knicks, Washington Wizards, Detroit Pistons, and Charlotte Hornets.