Clark was officially waived by the Nets on Monday, Rod Boone of Newsday reports.

The news was initially reported last week, so Monday's announcement is essentially a formality. Clark appeared in only 10 games for the Nets after signing on in early-April. His immediate future is now unclear, and he could be headed back overseas, where he spent most of the 2014-15 season

Clark will be waived later this week by the Nets, Shams Charania of RealGM reports.

Clark initiated the move, asking the organization for a chance to sign elsewhere. The Nets have 17 players under contract, and waiving Clark will save them a little over $1 million this season.

Clark appeared in 10 games for the Nets in 2014-15, posting averages of 2.7 points and 2.3 rebounds in 9.3 minutes per game.

The journeyman, a lottery pick out of Louisville in 2009, has played for six teams in as many years, while also spending stints in the D-League and overseas. He began the season with the Shandong Flaming Bulls in China but returned to the United States after the conclusion of the CBA season. After playing six games with Rio Grande Valley of the D-League, Clark inked a 10-day deal with the Nets and would go on to sign for the rest of the season at the expiration of the contract. Clark played sparingly, with his best performance coming in a blowout loss to the Hawks on Apr. 4, when he scored 11 points (4-8 FG, 2-3 3Pt) to go with seven rebounds in 22 minutes. Clark logged just 13 total minutes in the Nets' six playoff contests. While he technically signed a "multi-year deal" with Brooklyn, Clark's contract for next season will be only partially guaranteed. As such, he'll be able to work out with the team over the summer, but he'll need to earn his way onto the final roster in training camp.

Clark is active for Game 3 against Atlanta on Saturday, Mike Mazzeo of ESPN.com reports.

Clark was inactive for Game 2 on Wednesday, but will suit up Saturday. Cory Jefferson has been listed as inactive for Game 3 to clear the way for Clark's return.

Clark is inactive for Wednesday's Game 2 matchup with Atlanta, Alex Raskin of the Wall Street Journal reports.

Clark scored three points in eight minutes off the bench in Game 1, but will not be available Wednesday. The move to make Clark inactive comes at the same time that Mirza Teletovic (chest) was activated after being sidelined for three months with blood clots on his lung.

Clark (back) came off the bench for three minutes in Friday's game against the Wizards.

Clark wasn't able to participate in Friday's morning shootaround but still managed to play through his minor back injury later in the night. Although, he has a minimal role on the team and isn't expected to see much playing time before the season comes to a close.

Clark (back) was not present at shootaround but is expected to play Friday, Mike Mazzeo of ESPN reports.

Clark has appeared in all eight games with the Nets since signing a 10-day deal near the end of March. However, his role has not been significant enough to warrant consideration in nearly any format.

Clark has signed a multiyear deal with the Nets, Alex Raskin of the Wall Street Journal reports.

Clark has played in six games with the Nets, averaging 12 minutes, 4.4 points, and 4 rebounds. He will likely finish the season in the NBA, but may still spend much of this contract shuffling between the D-League and the Association.

Clark came off the bench to play 11 minutes in the win over the Cavaliers on Friday. He scored seven points (3-5 FG, 1-3 3Pt) and grabbed a board.

Clark joined Brooklyn earlier in the day and could work his way into the rotation as a three-and-D guy. He has always had plus athleticism, and could get minutes while Thaddeus Young (knee) is out.

Clark signed a 10-day deal with the Nets on Friday, Stefan Bondy of the New York Daily News reports.

Clark, who played 54 games for the Cavs and Knicks last season, has appeared in six games for the Rio Grande Valley Vipers of the D-League in 2014-15. More recently, he was a member of the Shandong Flaming Bulls of the Chinese Basketball Association, for whom he averaged 26.7 points and 10.3 rebounds in just under 33 minutes per game.

Clark is expected to sign a one-year deal with the Lakers, Adrian Wojnarowski of Yahoo! sports reports.

Clark was waived by two teams in the preseason, and has spent the regular season up to this point with the Rocket's D-League affiliate. Clark's role will likely not be more than a depth guard, which will not allow him much fantasy value, barring any significant injuries to teammates.

Clark was waived by the Rockets on Saturday, Eric Pincus of the Los Angeles Times reports.

Clark was waived just one day after being claimed by Houston.

Clark was claimed off waivers by the Rockets Friday, Eric Pincus of the Los Angeles Times reports.

Clark was waived by the Grizzlies on Wednesday, but showed enough promise that the Rockets were willing to pick him up, even with teams needing to have their rosters trimmed to 15 players in the next week. We'll wait and see what the Rockets plan on doing with this situation.

Clark was waived by the Grizzlies on Wednesday, the Los Angeles Times' Eric Pincus reports.

Clark's NBA career may be coming to a close, and he'll struggle to offer much fantasy value going forward.

Clark has agreed to a training camp deal with the Grizzlies, Yahoo Sports reports.

After the Grizzlies signed Luke Hancock to the same non-guaranteed training camp deal, it's obvious that management may be looking to add some depth at the forward position. Regardless of whether Clark makes the Grizzlies, he'd have to leapfrog several players on the team depth chart in order to be worthy of consideration in fantasy.

Earl Clark's contract with the Knicks expired on Thursday.

New York declined to sign him for the rest of the season, and they no longer required him with Amare Stoudemire and Tyson Chandler both healthy and playing well. Clark hasn't been a fantasy asset in Cleveland or New York this season, but he may well get picked up on another 10-day deal before the season ends.

Earl Clark played six minutes against the Heat on Thursday with two points.

He should get some minutes for the Knicks as they look to solve their perpetual problems at forward. Clark's jumper fell apart with Cleveland and there's little reason to think he'll get it going with the change of scenery.

Earl Clark could see some playing time against the Heat Thursday night.

The newly-signed Clark most likely won't see the court against the Heat, but coach Mike Woodson said he would be available if other players get into foul trouble. Clark is only averaging 5.2 points and 2.8 rebounds this season, so his fantasy value is essentially non-existent even if he finds his way onto the court against LeBron and company.

The Knicks and free agent F Earl Clark are finalizing a contract agreement, according to Adrian Wojnarowski.

This confirms earlier reports about the Knicks' interest in Clark, whom New York wants for his defensive abilities. He'll assume of the roster spots freed up by the departure of Metta World Peace and Beno Udrih. The Knicks may also have interest in signing free agent Dahntay Jones, but neither Clark nor Jones figures to have any fantasy value in standard formats.

The Knicks are "pursuing" free agent F Earl Clark, according to Yahoo! Sports.

Clark recently cleared waivers after being released by the 76ers and his defensive prowess is exactly what the Knicks are looking for as they fill out their 15-man roster. Deep league owners may want to keep an eye on him but he's averaging 5.2 points and 2.8 rebounds this season and wouldn't get enough playing time off the Knicks bench to make a dent in standard leagues.