Gutierrez was waived by the Nets on Tuesday, Marc Spears of ESPN reports.

The Nets trimmed four players from their roster Tuesday, and Gutierrez was one of the casualties. The point guard has bounced around between the Nets, Bucks and Hornets over the last three seasons but is yet to find anything close to a permanent home. Look for the 27-year-old to explore his options in the D-League, as well as overseas.

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