The Spurs waived Osifo on Friday.
San Antonio signed Osifo to an Exhibit 10 contract last Wednesday, but the team has since decided to go in a different direction. The 25-year-old forward most recently appeared in the Las Vegas Summer League, averaging 6.8 points, 5.2 rebounds, 1.1 assists and 0.8 blocks in 17.7 minutes per game over eight outings for the Spurs.