The Toronto Raptors have officially waived guard-forward Quentin Richardson.

Richardson was acquired from the New York Knicks on July 10 with centre Marcus Camby forward Steve Novak a future first-round draft pick and two future second-round draft picks in exchange for forward Andrea Bargnani.

It was long believed that the veteran guard was just included in the deal as a makeweight to balance out the salaries and that he would never actually appear in a Raptors uniform.