the Miami Heat.
Livingston was informed of his release after Monday night's 91-84 loss to the San Antonio Spurs at AmericanAirlines Arena, with the team expected to make a formal announcement later this morning.
The former Los Angeles Clippers point guard was signed as a free agent on Oct. 3. He had been attempting a comeback from a gruesome Feb. 26, 2007 knee injury that left him with a dislocated left kneecap and three torn ligaments.
While the comeback had been limited to four appearances totaling 41 minutes this season -- his first NBA action since the injury -- his release was based more on the salary cap that fitness.
The contract Livingston signed with the Heat guaranteed only $370,000 for this season, a figure that keeps the team below the punitive dollar-for-dollar luxury tax on excessive payrolls.
With all NBA contracts becoming guaranteed for the season by week's end, the Heat had to make a decision on Livingston in advance of its upcoming seven-game trip. Livingston's contract also called for a partial contract guarantee for next season, at the Heat's option.
Coach Erik Spoelstra had spoken nebulously in recent days about Livingston's ability to contend for game minutes. Livingston's last action was a 12-minute Dec. 6 stint against Oklahoma City. He appeared stiff-legged in his appearances with reduced mobility.
Since signing Livingston, the Heat had spoken of a long-term approach, of how the No. 4 overall selection in the 2004 NBA Draft could provide a nucleus of the future at point guard alongside 2008 second-round pick Mario Chalmers. The Heat also has Marcus Banks and Chris Quinn under guaranteed contracts at point guard.
Once Livingston clears the 48-hour waiver period, the Heat could re-sign the 23-year-old to up to two 10-day contracts without impacting its luxury-tax position.
Livingston seemingly had grown increasingly frustrated over his lack of opportunity, displaying disappointment over his nightly spot on the inactive list.
With the release, the Heat could utilize the vacated roster spot on a 10-day contract with another player or hold it open for a return by center Alonzo Mourning, who is rehabilitating from a Dec. 2007 knee injury.
It also almost certainly means center Jamaal Magloire will have his contract guaranteed for the balance of the season. Magloire had been guaranteed $570,919 of his 2008-09 salary, with the other half to be guaranteed if he is not released prior to Wednesday night's game in Denver against the Nuggets.
Livingston, who watched Monday's game in street clothes from the bench, declined comment after the game. He offered an appreciative "thank you" when wished good luck.