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Eubanks was waived by the Raptors following Thursday's trade from San Antonio, Adrian Wojnarowski of ESPN reports.
Eubanks was a throw-in in the deal that brought Thaddeus Young to Toronto, so the Raptors will cut him loose and allow him to become a free agent. Eubanks could catch on with another team to provide depth up front, but he's unlikely to be a fantasy consideration the rest of the way.
