The Hornets waived Conley on Thursday, Brett Siegel of ClutchPoints.com reports.
EDGE Analysis
This was the expected move after Charlotte acquired the 38-year-old veteran, and once he clears waivers, Conley will be free to join a team of his choosing. There's a chance he could head back to Minnesota, but wherever he winds up, Conley will be more of a veteran locker room presence than an on-court asset.