The Dallas Mavericks have waived Jarrid Famous and, in a related transaction, signed free agent Tu Holloway. 

Famous (6-11, 240) went undrafted out of South Florida in 2011 and signed with Dallas after competing for the Washington Wizards at the 2015 Las Vegas NBA Summer League. He averaged 2.0 points and 1.8 rebounds in five preseason games with the Mavericks.

Holloway (6-0, 190) went undrafted in the 2012 NBA Draft and competed for a roster spot in the Mavericks 2012 training camp. He played collegiately at Xavier University and in his four years as a Musketeer, he played in 134 games and held career averages of 13.7 points, 4.1 assists and 1.2 steals per contest. As a junior, Holloway was Atlantic 10 Player of the Year and earned Third Team All-America honors from the Associated Press while averaging 19.7 points and 5.4 assists a game.