The Toronto Raptors will not be bringing back Rodney Hood next season.

After pushing back Hood's contract guarantee date from July 27 to August 3, Toronto has reportedly decided to part ways with the 28-year-old allowing him to sign a one-year deal with the Milwaukee Brewers, per ESPN's Adrian Wojnarowski.

Hood played in 17 games for the Raptors this season after being acquired from Portland at the trade deadline along with Gary Trent Jr. for Norman Powell. Unfortunately Hood was never quite able to come back from his torn Achilles and a hip injury with Toronto made the Raptors' decision to move on from his $10.9 million contracts next season an easy one.

Toronto did, however, re-sign Trent Jr. to a three-year contract reportedly worth $54 million that includes a player option in year 3, per Wojnarowski.

Hood's deal will become official once he clears waivers and the Bucks can announce the deal on August 6.

More must-reads:

TODAY'S BEST
Do Oilers need more from Connor McDavid to get to Stanley Cup Final?
All-Rookie teams show gems available all over draft
The NBA has not witnessed this much parity in 50 years
Knicks expected to be 'aggressive' in upgrading their roster
Drew Bledsoe offers advice for Patriots rookie QB Drake Maye
2024 AFC revenge games: Brothers, 'Stefon Diggs Bowl' to take center stage
2024 NFC revenge games: Which game should Cowboys, others have circled?
How All-Star Race victory could turn Joey Logano's season around
Xander Schauffele's triumph could open the floodgates for his career
Anderson Silva, Chael Sonnen will finish off their trilogy in a boxing ring
Ranking the five best MLB free-agent signings of offseason
Veteran WR, former first-round pick announces NFL retirement
Oilers advance to West Final again after holding off Canucks in Game 7
Bengals star WR not expected to sign franchise tender before OTAs
Red Sox RHP diagnosed with ligament damage in elbow
Watch: Caitlin Clark shows off range with logo three, but Fever fall short
Former Dolphins receiving leader announces his retirement from NFL
Detroit Lions dominate PFF's top-25 players under 25
Hall of Famer, legendary Raiders offensive lineman dead at 86
Report: Cavs owner 'would never' trade Donovan Mitchell to this team