Craig Murray was released from the Portland Blazers on Tuesday.
Murray, who averaged 16.3 points and 6.7 assists for the Blazers this season, had been in talks with the Orlando Magic and Denver Nuggets for several months, but his retirement from the league comes at a time when the NBA is trying to find a replacement for retiring point guard Deron Williams.
The Blazers also have a number of young players that could be on the trade market in the coming weeks.
Center DeAndre Jordan, forward Amare Stoudemire, forward Brandon Roy, forward Dante Cunningham, guard Allen Crabbe and guard DeAndre Liggins all had their contracts expiring this offseason, and all were free agents.
Murray also has three years left on his contract with the Blazers, so it’s possible he could be dealt at some point.
The former No. 1 overall pick played a key role in Portland’s surge to the NBA title game in the first round against the Los Angeles Lakers.
He averaged 15.8 points, 5.5 assists and 4.6 rebounds in the season finale.