The San Antonio Spurs have waived Rasual Butler to create a roster spot for Kevin Martin.

Martin agreed to sign with the Spurs shortly after he was waived by the Minnesota Timberwolves.

Butler was averaging 2.7 points and 1.22 rebounds in 9.4 minutes over 46 games for the Spurs this season.

Butler turns 37 in May and has been in the NBA since 2002.

The Washington Wizards have waived Gary Neal to clear a roster spot for Marcus Thornton.

Neal has been dealing with a leg injury.

Thornton was waived by the Houston Rockets.

The Philadelphia 76ers have claimed guard-forward Sonny Weems off of waivers.

Weems has appeared in 176 career games in four NBA seasons and has posted averages of seven points and two rebounds in 19 minutes per game. He was originally selected by the Chicago Bulls with the 39th overall pick in the 2008 NBA Draft after two seasons at the University of Arkansas.

Weems played overseas from 2011-2015, before returning the NBA this season with Phoenix where he appeared in 36 games and averaged three points in 12 minutes per game.

In a related move, the team has released Christian Wood.

The Indiana Pacers have requested waivers on Chase Budinger.

Acquired from Minnesota in a trade last July, Budinger played in 49 games (starting two), averaging 4.4 points and 2.5 rebounds per game.

Kevin Martin has agreed upon a contract buyout agreement with the Minnesota Timberwolves before the deadline to make him playoff-eligible.

Martin will be pursued by multiple teams with the San Antonio Spurs already considered a strong contender.

The Atlanta Hawks, Dallas Mavericks and Houston Rockets will also pursue Martin.

Martin and his agent had to negotiate a complicated settlement of the player option on Martin's contract that was scheduled to pay him $7.4 million next season.

Martin averaged 20 points per game as recently as last season.

Ty Lawson has nearly reached agreement with the Houston Rockets on a contract buyout.

The Rockets acquired Lawson last offseason and his contract for the 16-17 season is non-guaranteed.

Lawson has proven to be a bad fit with the Rockets.

Ty Lawson and the Houston Rockets are still discussing a possible buyout. No agreement is in place yet between the two sides who have a March 1st deadline.

The Rockets acquired Lawson last offseason and his contract for the 16-17 season is non-guaranteed.

Lawson has proven to be a bad fit with the Rockets.