Jack was shopped via trade before the start of free agency but the Nets decided to release him Thursday rather than pay his $6 million salary for the 2016-17 season. The Nets are responsible for $500,000 of that deal.
Jack turns 33 three days before the start of the regular season.
Drafted by the Denver Nuggets 22nd overall in 2005, Jack was traded to the Trail Blazers and made several stops before spending the past two seasons with the Nets, including the Pacers (2008-09), Toronto Raptors (2009-10), New Orleans Hornets (2010-2012), Golden State Warriors (2012-13), Cleveland Cavaliers (2013-14).
One possible landing spot is Indianapolis, where the Pacers hired Nate McMillan as head coach. McMillan was part of the decision-making team in Portland when the Blazers acquired Jack in 2005 and quickly named him the starting point guard.