Shawne Williams
Photo: Paul Buck / EPA

The Lakers waived forward Shawne Williams Tuesday, according a Lakers press release.

Williams averaged 5.2 points and 4.5 rebounds in 20.2 minutes per game this season for the Lakers. Considered a stretch four in coach Mike D’Antoni’s system, Williams failed to live up to that billing, shooting just 32% from beyond the arc.

Williams was the last non-guaranteed contract on the roster and had to be waived by today’s 5:00 PM EST deadline, or else his contract would become guaranteed for the rest of the season. According to multiple recent reports, the Lakers have been looking to get below the luxury tax threshold this season–which would explain this cost-cutting move.

The Lakers’ roster now stands at 14 players, leaving one spot open for possible future moves.

Below is the press release from the Lakers regarding Shawne Williams.