Just like that.
Deadspin had it better, though:
The Detroit Pistons on Monday waived veteran forward Josh Smith, who still had two years and at least $26 million remaining on his contract after this season.
The 29-year-old Smith was averaging 13.1 points, 7.2 rebounds and 4.7 assists per game this season.
"Our team has not performed the way we had expected throughout the first third of the season and adjustments need to be made in terms of our focus and direction," coach and team president Stan Van Gundy said in a statement.
Deadspin had it better, though:
Damn, man. The word from ESPN's Marc Stein is that the Detroit Pistons have waived Josh Smith, as sure a sign as any that Stan Van Gundy and the front office are fed the fuck up with this current version of the team.
Smith has been a disaster since joining the Pistons last season, but this is still incredible! The guy is owed $27 million over the next two seasons, and the Pistons despise him so much that they are just going to eat that money like a big bowl of shit because it means getting him off the team.