Former Colorado Buffs G Cory Higgins waived by Bobcats

Currently the sixth all-time scorer in Big 12 history, former Colorado guard Cory Higgins was officially waived by the Charlotte Bobcats over the weekend according to a report by Marc J. Spears of Yahoo! Sports.

The 23-year-old Higgins was not selected in the 2011 NBA Draft despite being slotted as a likely second-round pick, but caught on with the Bobcats before the season and went on to play 38 games as a rookie, averaging 3.9 points and 11.1 minutes. Unable to crack Charlotte's rotation at point guard this season however, Higgins had the unfortunate task of being notified of his release by his father, team president Rod Higgins. Despite the difficult situation, the elder Higgins ultimately knew that a tough decision on his son's future would materialize at some point.

"When you make a decision like that to sign your son, you know a day like this could always happen," he said. "The player realizes the same thing. But when you take the next step and realize it's a business, you always know this could happen."

The 6'5, 180-pound guard will become a free agent after he clears waivers, and could draw plenty of interest for teams in need of depth at both guard positions. While he has yet to develop at the point guard spot after taking on a scoring role while with Colorado, Higgins should have numerous opportunities to further his career in either the D-League or overseas if he can't land another NBA contract.