Davies was waived by the Nets on Tuesday, Mike Mazzeo of ESPN reports. Brooklyn will part ways with the former BYU standout, who was on a non-guaranteed contract. Davies came to Brooklyn in a mid-December trade with the 76ers and appeared in seven games, averaging 2.3 points in just 6.3 minutes. The 23-year-old will look to catch on with another team but could end up in the D-League or overseas at some point.