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Lakers Waive Derrick Caracter

No official report has yet been given, but most indications are that forward Derrick Caracter has been waived by the Lakers. From Caracter's Twitter account, he writes:

It's over before it begun!!! But plan doesn't change #IAMGREAT peace Cali

No corroboration past that has been provided but Hoopsworld's Eric Pincus and ESPN's Larry Coon have concluded that this more or less means that Caracter is gone.

Caracter was drafted by the Lakers with the 58th pick in the 2010 draft, and while he demonstrated some decent chops during summer league that year, he failed to make any headway in gaining a rotation spot during the regular season. He proceeded to have an unproductive stint in the D-League and was rather notably arrested for attacking a waitress in a New Orleans IHOP. He apparently put in a fair amount of work at the IMG Academy this last summer, but was unfortunately sidelined with a meniscus injury in training camp. While he has recovered and recently put up a pair of decent performances in the D-League, the team appears to be moving on.

As February 10 is the final day by which players must be waived before their contracts become guaranteed, the Lakers clearly had no intent of keeping Caracter past that point. It also opens up a roster spot, paving the way for either a free agent signing (Gilbert Arenas), a potential trade acquisition (Ramon Sessions) or a 10-day D-League call-up (Elijah Millsap). However this plays out, we will keep you informed of any developments.

UPDATE (12:05 PM): From the reliable Ken Berger of CBS Sports:

In addition to Solomon Jones (Clippers), confirmed the following players have been waived: Derrick Caracter (LAL), Josh Davis (Mem) ...

So there's your confirmation, people.

Follow this author on Twitter @brosales12.

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