According to CSN Bay Area’s Matt Steinmetz the Golden State Warriors have waived guard Jeremy Lin on the first day of team practice.

Lin, 23, was signed last year as a free agent in July by the Warriors and played in 29 games in his rookie year for the W’s, averaging 2.6 points, 1.2 rebounds and 1.4 assists per game. He also played for the NBADL’s Reno Bighorns for 20 games during the season where he did very well, scoring 18.0 points, grabbing 5.8 rebounds and dishing out 4.3 a game.

Lin was thought to be a leading candidate for a backup guard spot behind Stephen Curry and Monta Ellis. But as Tim Kawakami points out on Twitter, the team is likely trying to piece together every possible dollar to make a run at a big name in free agency, possible the Los Angeles Clippers restricted free agent DeAndre Jordan or even the Hornets’ Chris Paul.

Lin is a Bay Area native who played college ball for Harvard. 

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