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Raptors waive Luke Ridnour (The Associated Press)

TORONTO (AP) -- The Toronto Raptors waived oft-traded guard Luke Ridnour on Thursday.

Toronto acquired Ridnour and cash considerations from the Oklahoma City Thunder on June 30 for the draft rights to forward Tomislav Zubcic.

After averaging four points and two assists for Orlando last season, he was dealt to Charlotte last month in a deal involving Memphis and then almost immediately sent to the Thunder along with a conditional 2016 second-round draft pick for guard Jeremy Lamb.

Ridnour has averaged 9.3 points, 4.5 assists in 830 games - 493 starts - with Seattle (2003-'08), Milwaukee (2008-'10, 2013-'14), Minnesota (2010-'13), Charlotte (2013-'14) and Orlando (2014-'15).