Guy announced his retirement from playing basketball Wednesday and will return to Virginia to serve as a special assistant, Mike Barber of the Richmond Times-Dispatch reports.

Guy logged 29 points (12-30 FG, 2-13 3Pt, 3-3 FT), five rebounds, five assists and one block across 43 minutes during Tuesday's 116-100 loss to the Westchester Knicks.

The Heat waived Guy on Thursday, Keith Smith of Spotrac.com reports.

Guy recorded 26 points (9-15 FG, 4-8 3Pt, 2-3 FT), three rebounds and three assists during Wednesday's loss to Birmingham.

Guy was assigned to the G League's Sioux Falls Skyforce on Tuesday, Anthony Chiang of the Miami Herald reports.

Guy signed a two-way contract with the Heat on Sunday, Ira Winderman of the South Florida Sun Sentinel reports.

Guy signed a second 10-day contract with Miami on Monday, Ira Winderman of the South Florida Sun Sentinel reports.

Guy became a free agent Sunday after his 10-day contract with the Heat expired, Ira Winderman of the South Florida Sun Sentinel reports.

Guy recorded 17 points (6-8 FG, 4-6 3Pt, 1-2 FT), four rebounds, four assists and three steals in 24 minutes during Friday's 120-110 win over the Rockets.

Guy agreed Tuesday to a 10-day hardship deal with the Heat, Adrian Wojnarowski of ESPN reports.