Heat Waives Penny Hardaway - WMC Action News 5 - Memphis, Tennessee

Jarvis Greer

Heat Waives Penny Hardaway

Penny Hardaway's comeback attempt with the Miami

Heat is over.

The 36-year-old forward has been waived. The move clears the

roster spot Miami needed to sign guard Luke Jackson.

A former Memphis Tigers All-American, Olympic Gold Medal Winner, and NBA All-Pro, Hardaway signed a non-guaranteed contract with Miami this summer after recovering from an array of injuries that kept him off the court for nearly three full seasons.

He started eight times, but averaged just under 4-points on 37 percent shooting, Penny didn't play in any of Miami's past four games.

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