Baynes was waived by the Raptors on Wednesday, Shams Charania of The Athletic reports.
Baynes quickly fell out of favor with coach Nick Nurse last season and often wasn't a meaningful part of the rotation in Toronto. He still managed to average 6.1 points and 5.2 rebounds in 18.5 minutes, but the season was a massive disappointment compared to his surprising 2019-20 campaign with the Suns. As a 34-year-old with issues staying healthy and trouble making an impact last year, it would be surprising if Baynes were to find his way into a fantasy-relevant role this upcoming season.