Wojnarowski: Timberwolves Release Former Blazers G Brandon Roy

Adrian Wojnarowski of Yahoo! Sports reports that the Minnesota Timberwolves are set to release former Portland Trail Blazers guard Brandon Roy after just one season of a two-year contract he signed last summer.

The Minnesota Timberwolves are formalizing the release of Brandon Roy, ridding themselves of the $5.3 million owed him in the 2013-14 season, league sources told Yahoo! Sports. An announcement is expected in the near future.

After seven knee surgeries for Roy, this is likely the end of a career once destined for greatness.

Update: The Timberwolves officially made the announcement on Friday.

The Minnesota Timberwolves today announced that the team has waived guard Brandon Roy.

"We wish Brandon and his family all the best in the future," said Timberwolves President of Basketball Operations Flip Saunders.

Former Timberwolves president David Kahn, who has since been let go and replaced by Flip Saunders, indicated last month that Roy would not return for the 2013-14 season.

The Blazers released Roy using the amnesty clause in December 2011 and he spent the 2011-12 season in unofficial retirement. He then signed a two-year deal last summer worth a reported $10 million, although the 2013-14 portion of Roy's contract was reportedly not guaranteed.

While in Portland, Roy underwent arthroscopic surgery on both of his knees in January 2011 and he underwent surgery on his right knee in April 2010 to repair a slight meniscus tear. Back in July 2012, Roy said he underwent blood-spinning treatment in his knees prior to making his comeback with the Timberwolves.

After playing just five games in Minnesota, Roy underwent arthroscopic surgery on his right knee on Nov. 19. The Timberwolves expected him to be sidelined for one month at the time. A few weeks after the surgery, it was reported that Roy was weighing retirement again. Roy has reportedly suffered multiple setbacks during his rehabilitation and he has yet to return to the court although, he did reportedly make it back to the practice court.

Roy returned to Portland's Rose Garden with the Timberwolves in March, but did not play.

"If I never play another game, I'll still be completely happy with my career," he said.

Roy also admitted earlier this season that his career was at a "crossroads" after a series of setbacks with his right knee. Earlier this season, Kahn said that he was not surprised that Roy missed time due to his knee injury and the early returns for Roy's play were not good.

Back in December, when reports surfaced indicating that Roy would consider retirement, the Timberwolves released the following statement on Roy's behalf.

"Last week while practicing, I suffered a setback in my recovery. I've felt better since the recent surgery, but I am not all the way better. The past two days I have been weighing all of my options as I try to continue my basketball career. I have decided to explore additional treatment options and an extensive rehabilitation plan. My goal has been, and continues to be, to return to the basketball court as healthy as possible in order to help our team. "

Roy, 28, averaged 5.8 points, 4.6 assists and 2.8 rebounds in 24.4 minutes in his five appearances for the Timberwolves.

-- Ben Golliver | benjamin.golliver@gmail.com | Twitter