NEW YORK — The Brooklyn Nets have waived guard Jarrett Jack, who was lost to a torn ACL in January.

The Nets will owe Jack just $500,000 by waiving him by a June 30 deadline. He would have been paid $6.3 million next season if he remained on the roster after Thursday.

Jack started all 32 games he played in last season, averaging 12.8 points and 7.4 assists. He was a reliable backup to Deron Williams the previous season and hit a couple of game-winning shots.

Jack has also played for Portland, Indiana, Toronto, New Orleans, Golden State and Cleveland during his 11-year career, averaging 11.1 points.