The Golden State Warriors have made the decision to waive Shaun Livingston as they enter the post-Kevin Durant era in Bay Area.

Per Adrian Wojnarowski of ESPN, Livingston is guaranteed $2 million on his $7.7 million salary. The Dubs will use the stretch provision on the veteran guard over the next three seasons, which will help them stay below the luxury tax threshold.

Livingston signed a three-year, 23 million deal with the Warriors back in 2017. He has been with the team since the 2014-15 season, winning three championships and reaching five NBA Finals with the Dubs.

However, after Durant's decision to leave Golden State for the Brooklyn Nets, the team was forced to prepare for the future and opted to go young. They already traded away Andre Iguodala to make room for D'Angelo Russell.

Livingston was an important piece of the Golden State bench and, alongside Iguodala, formed part of an electric reserve unit during the Warriors' dominant five-year run.

The 33-year-old veteran point guard will likely get significant interests, especially from contending teams looking for a solid role player who can contribute off the bench. Livingston has career averages of 6.3 points, 2.4 rebounds and 3.0 assists, all while shooting at an efficient 48.6 percent from the field.