Farmar was waived Monday by the Kings on Monday, James Ham of CSN Bay Area reports.

Farmar was initially waived by the Kings at the end of the preseason, only to be re-signed a week later as a depth option at point guard as a roster exception after Darren Collison had served the first five games of an eight-game suspension. With Collison having now served the last three games of the banishment and ready to play Tuesday against the Pelicans, Farmar will be let go once again in order to keep the roster at 15 men. Farmar will look to catch on with another team over the next few weeks before perhaps seeking a contract overseas.