Bacon was waived by the Knicks on Thursday, Marc Berman of the New York Post reports.

EDGE Analysis

Bacon has struggled to find a stable NBA role on a competitive team, and that doesn't change with this transaction. He's coming off a career year where he averaged 10.9 points, 3.1 rebounds and 1.3 assists, but he was relatively inefficient. The 26-year-old is likely running out of chances to prove himself.