Photo: Dallas Mavericks/Twitter

The San Antonio Spurs and veteran swingman Reggie Bullock have reached a mutual contract buyout, according to NBA insider Shams Charania. The 32-year-old small forward, who was acquired by the Spurs in a trade in July is now set to enter free agency.

Several championship contenders and playoff-bound teams are expected to express interest in signing Bullock as he becomes an unrestricted free agent.

During the previous season, Bullock played for the Dallas Mavericks, where he averaged 7.2 points, 3.6 rebounds, and 1.4 assists in 30.3 minutes per game.