From Timberwolves.com:
The Minnesota Timberwolves announced the team has waived guard Delonte West. West was acquired from the Cleveland Cavaliers along with Sebastian Telfair in exchange for Ryan Hollins and Ramon Sessions on July 26.
The Wolves only have to pay him $500,000 of his $4.6 million contract. I agree with Kahn here, as I wouldn’t want us to keep Delonte under any circumstances. Delonte was solid for Cleveland two years ago, but now he’s not worth the risk of keeping on our team with impressionable youngsters. As much as I have ripped Kahn for almost solely acquiring cap space, this move makes complete sense with Delonte’s almost entirely unguaranteed contract.