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Jalen Rose was waived Monday by the New York Knicks, leaving their roster one below the regular-season maximum of 15.

The 33-year-old Rose averaged 12.7 points in 26 games for the Knicks last season after being acquired in a February trade with the Toronto Raptors. The 6-foot-8 guard/forward, a 12-year veteran, was scheduled to make $16.9 million this season.

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