The Toronto Raptors waived 12-time All-Star guard Chris Paul on Friday. The move was expected after Toronto acquired Paul from the Los Angeles Clippers as part of a three-team deal with the Brooklyn Nets at last week's trade deadline.

Chris Paul has announced his retirement from the NBA after 21 seasons, thanking everyone he's met along the way for shaping his life and career.

Chris Paul is officially calling it a career. On Friday, shortly after being waived by the Raptors, the veteran point guard posted a statement to social media announcing that he is retiring from the NBA.

Spears: The Raptors announced Friday they have waived guard Chris Paul. Kawhi Leonard was a late addition. Alperen Şengün, Brandon Ingram and De'Aaron Fox are all replacements. Over the next few days,