PHILADELPHIA - The Philadelphia 76ers waived forward Chris Webber on Thursday, making the five-time All-Star eligible to sign with another team after clearing waivers.

The Sixers completed the paperwork to buy out the remaining 1 1/2 seasons on Webber's contract Wednesday, ending two disappointing years in Philadelphia. Once he clears waivers after 48 business hours, teams will be eligible to sign him.

Webber missed 11 of the last 14 games, officially with foot and ankle injuries. He was due nearly $21 million this season and $22 million next season.

Webber, the No. 1 overall pick in the 1993 draft, averaged 11 points and 8.3 rebounds in 18 games this season. He has career averages of 21.4 points and 10 rebounds.