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Nets waive guard Joe Johnson

The Brooklyn Nets announced Thursday afternoon that they've waived Joe Johnson after agreeing to a buyout with the former All-Star guard.

Earlier Thursday, ESPN.com's Marc Stein reported that the two sides had opened buyout negotiations. Sources said that Johnson had been sold on the idea of joining a contender for the stretch run if he and the Nets could come to terms on a contract settlement.

A number of likely playoff teams, sources said, are already pursuing Johnson: Atlanta, Boston, Cleveland, Houston, Miami, Oklahoma City and Toronto. Sources said that Johnson, who can't clear waivers until 5 p.m. ET on Saturday, is likely to take a couple of days to sift through the offers.

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