Suns news: Phoenix waives Wayne Ellington after acquiring him from Heat
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REPORT: Suns waive Wayne Ellington

Wayne Ellington, Suns

Roughly 24 hours after acquiring Wayne Ellington from the Miami Heat, the Phoenix Suns have decided to waive the veteran guard.

Wayne Ellington’s camp reportedly negotiated a buyout with the Suns management, something that Phoenix willingly obliged, as the 11-year veteran would like to play for a contender for the remainder of the season.

Teams like the Detroit Pistons and the Los Angeles Lakers are expected to go after Ellington. With both teams currently out of the playoff race (Pistons 9th in East, Lakers 10th in West), adding someone like him will help improve their chances of making the postseason.

Ellington is averaging 8.4 points, 1.9 rebounds, and 1.2 assists per game this season. His ability to shoot 3-pointers, however, is what makes him a popular guy among contending teams. He’s currently shooting 36.8 percent from beyond the arc.

The Pistons recently traded 3-point shooting guard Reggie Bullock to the Lakers in exchange for rookie Svi Mykhailiuk and a second round pick. Adding Ellington will give Detroit two 3-point shooters that will keep double teams away from Blake Griffin and Andre Drummond in the post.

As for the Lakers, they are looking for 3-point shooters with expiring contract, which is the primary reason why they traded for Bullock. They recently moved Michael Beasley and Ivica Zubac to the LA Clippers, opening up a roster spot that they can fill up with someone like Ellington.

There have been no reports as to where Ellington is likely headed, but he is expected to have a new team within the next 48 hours.