Kings waive former KU star Frank Mason III

Sacramento Kings guard Frank Mason III, right, dribbles past Portland Trail Blazers guard Damian Lillard during the first half of an NBA preseason basketball game in Portland, Ore., Friday, Oct. 12, 2018. (AP Photo/Craig Mitchelldyer)

SACRAMENTO, Calif. (WIBW) - One of KU's all-time greats is now looking for a new NBA home.

The Sacramento Kings announced on Thursday that they have waived former Jayhawk guard Frank Mason III. He spent two seasons with the team.

During that time, Mason averaged 6.8 points and 2.6 assists while shooting 39% from the field in 15.8 minutes per game. The Kings drafted Mason with the 34th overall pick in the 2017 NBA Draft.

"Thanks for allowing my dreams to come true," Mason said in a tweet to the Kings organization on Thursday. "It was truly a blessing to be a part of the organization. Excellent group of guys in the front office and a special coaching staff you guys bought along."

According to ESPN NBA front office insider Bobby Marks, the timing of this move could help the third-year pro. With an Oct. 15 guaranteed date in his contract that would pay him $1.6 million dollars, the Kings opting to release him now instead of right before the guarantee date to avoid payment gives Mason more time to find a new team. This way, he has three-plus months to talk to squads instead of a week before the regular season starts on Oct. 22.

At Kansas, Mason enjoyed a career as the program's most decorated player. He was the unanimous 2017 National Player of the Year and became the first Jayhawk to ever win the Associated Press Player of the Year award, Oscar Robertson Trophy and Bob Cousy Point Guard of the Year award.

The guard left KU ranked sixth on the program's scoring list (1,885 points), sixth in assists (576), eighth in 3-point field goals (185), 13th in steals (165) and tied for third in consecutive starts (110). He is the only player in program history to be ranked sixth or higher in both career points and assists.