Raptors, Jordan Loyd mutually agree to waive contract

Raptors-Loyd-posts-up-against-Grizzlies

Memphis Grizzlies guard Jevon Carter (3) looks on as Toronto Raptors guard Jordan Loyd (8) receives a pass. (Frank Gunn/CP)

The Toronto Raptors and guard Jordan Loyd have mutually agreed to waive his contract, the team announced on Friday.

Loyd, 26, averaged 2.4 points and 0.5 assists in 12 appearances for the Raptors last season.

When submitting content, please abide by our submission guidelines, and avoid posting profanity, personal attacks or harassment. Should you violate our submissions guidelines, we reserve the right to remove your comments and block your account. Sportsnet reserves the right to close a story’s comment section at any time.