"The Warriors have waived guard Jeremy Lin, the team announced Friday.

Lin, a second-year player from Harvard via Palo Alto High, was pulled from practice and told he was being let go. According to one source, it was a salary cap move.

Lin, 23, appeared in 29 games for the Warriors as a rookie last season, averaging 2.6 points, 1.2 rebounds and 1.4 assists per contest.

He also appeared in 20 games for the Reno Bighorns of the NBA Development League in 2010-11, averaging 18.0 points, 5.8 rebounds and 4.3 assists per game."