Minnesota Timberwolves waive forward Anthony Bennett

Anthony Bennett and the Minnesota Timberwolves have agreed to a contract buyout.

The Minnesota Timberwolves have waived forward Anthony Bennett, the team announced Wednesday.

Yahoo! Sports reported earlier in the week Bennett and the team had agreed to a contract buyout. The Portland Trail Blazers and Philadelphia 76ers are among teams with interest in Bennett, according to the report. 

The Timberwolves acquired Bennett from the Cavaliers in a trade before last season. The transaction sent Kevin Love to Cleveland and also brought Andrew Wiggins to Minnesota. Bennett, the No. 1 overall pick in the 2013 draft, played in 57 games for the Wolves, averaging 5.2 points and 3.8 rebounds per game.

With the buyout, Bennett will become an unrestricted free agent. He is the first No. 1 pick in NBA history not to make it to the fourth year of his rookie contract, according to former Nets assistant general manager Bobby Marks. 

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The 22-year-old Bennett played one year at UNLV before entering the NBA. In 109 career games, Bennett has averaged 4.7 points and 3.4 rebounds in 14.3 minutes per game.​

– Rohan Nadkarni