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Spurs waive Rasual Butler and officially sign Kevin Martin

With the reports over the weekend that the Spurs would sign Martin, the question was who San Antonio would waive to make room.

Kim Klement-USA TODAY Sports

The Spurs just sent out back-to-back official press releases:

The San Antonio Spurs today announced that they have requested waivers on forward Rasual Butler.

Butler, who was in his first season with the Spurs, was signed as a free agent on Sept. 28, 2015. He saw action in 46 games for the Silver and Black, averaging 2.7 points and 1.2 rebounds in 9.4 minutes.

A 13-year NBA veteran, Butler has appeared in 809 career games, averaging 7.5 points and 2.4 rebounds in 21.3 minutes.

The Spurs roster now stands at 14.

So those who've been worried about Matt Bonner being the odd man out, you can breathe easy now. And to Butler, best of luck to you. You carried yourself like a true Spur.

Then not even 15 minutes later, this went out.

The San Antonio Spurs today announced that they have signed guard Kevin Martin. Per club policy, terms of the contract were not announced.

Martin, 6-7/200, began the season with Minnesota and averaged 10.6 points, 2.1 rebounds and 1.2 assists in 21.4 minutes over 39 games, including 12 starts. He was in his third season with the Timberwolves before being waived on March 1.

The former Western Carolina guard was drafted by Sacramento in the first round of the 2004 NBA Draft (26th overall) and played part of six seasons with the Kings before being traded to Houston in 2010. After two-plus years with the Rockets, Martin was dealt to Oklahoma City where he spent the 2012-13 season before being sent to Minnesota the following summer. Martin holds career averages of 17.6 points, 3.2 rebounds and 1.9 assists while shooting .438 from the floor, .385 from three-point range and .870 from the free throw line in 698 career appearances.

Martin is one of just five active players with over 1,000 three-pointers while shooting at least 38.0 percent from beyond the arc for their career, along with Stephen Curry, Kyle Korver, Mike Miller and Dirk Nowitzki.

Martin will wear No. 23 for the Spurs.

We'll see whether Martin will play in Thursday's game against the Chicago Bulls, or if he'll even dress.

Here's some additional information Yahoo! -- according to league sources, "Bonner's chemistry with Spurs veterans, including Tim Duncan, factored into the decision to keep him. Bonner, 35, has played 10 of his 12 NBA seasons with the Spurs.."