Tolliver, 32, scored 7.1 points and had 3.7 rebounds per game last season. He has played nine NBA seasons since his rookie year in 2008 with the San Antonio Spurs. Tolliver also played for the Portland Trail Blazers, Golden State Warriors, Minnesota Timberwolves, Atlanta Hawks, Charlotte Bobcats, Phoenix Suns and Detroit Pistons before joining the Kings in 2016. His best season came in 2009 for the Warriors, when he averaged 12.3 points and 7.3 rebounds per game. He has been waived four times and traded once.
On Thursday, the Kings wished Tolliver a happy birthday at 10:30 a.m.
"RT to wish @ATolliver44 a happy birthday," the tweet said.
At 4:14 p.m., The Vertical reported that he was waived.
Tolliver was originally due $8 million in 2017, but is now guaranteed $2 million.
The Vertical reported that the Kings could save more than $7 million with the move. Tolliver signed a two-year, $16 pact with the team last summer. The Kings can stretch the $2 million still owed to Tolliver over three seasons and pay $667,000 annually.
He is expected to draw interest from several teams as a bench contributor.