Indiana Pacers to waive Jamaal Tinsley

The Indiana Pacers announced Wednesday that a resolution has been reached between the team and guard Jamaal Tinsley, and as a result the grievance arbitration scheduled for next week has been canceled.

Tinsley will be waived by the Pacers Wednesday, and if he clears waivers, he will become a free agent. “This ends a very difficult period for all parties involved,” said Larry Bird, President of Basketball. “We are pleased to have this resolved.”

Pursuant to team policy, details of the resolution will not be disclosed. The team will have no further comment.

“Jamaal and I would like to thank the Pacers for working on a resolution to this and Jamaal and I are sorry things didn’t work out,” said Tinsley’s agent, Raymond Brothers. “We both wish the Pacers the best of luck in the future.”