National Basketball Association (NBA) side Phoenix Suns and Tyson Chandler have reached an agreement to buy out the veteran center’s contract.
The Suns also revealed that they have requested waivers on Chandler, who is a 36-year-old center.
This was confirmed by the team's Vice President of Basketball Operations James Jones.
“We want to thank Tyson for his contributions to the Suns over the past three-plus seasons,” Jones said.
“With respect for Tyson’s accomplished career, today’s move gives him the chance to pursue a new opportunity while allowing our younger players to continue developing. Tyson is a consummate professional and we wish him all the best.”
Watch: Victor Oladipo's game-winner headlines NBA's Top 10 plays
“I am grateful for my time in Phoenix and want to thank my teammates, my coaches, the front office and the fans for an amazing experience.” said Chandler.
“I wish them the best and I am excited for the next stage in my career.”
Chandler initially signed with the Suns as a free agent on July 9, 2015, and played in four seasons with the club.
He averaged 7.2 points and 9.5 rebounds while shooting 62.8 percent from the field in 166 games during his time in Phoenix.
On January 23, 2016, Chandler tied the Suns’ single-game record with 27 rebounds vs. Atlanta, matching Paul Silas’ mark which had stood untouched for over 45 years.