Nicholson signed a contract Saturday with the Fujian Sturgeons of the Chinese Basketball Association, Emiliano Carchia of Sportando.com reports.
Nicholson has agreed to a one-year, $1.7 million deal with the Guangdong Tigers of China, Sam Amico of Fox Sports Ohio reports.
Nicholson was officially waived by the Trail Blazers on Wednesday, Adrian Wojnarowski of ESPN reports.
Nicholson was traded Tuesday to the Trail Blazers for Allen Crabbe and will be waived, Adrian Wojnarowski of ESPN reports.
Nicholson tallied two points (1-2 FG, 0-1 3Pt) and one rebound across two minutes in a 122-104 loss to the Thunder on Tuesday.
Nicholson and a 2017 first-round pick will be sent from the Wizards to the Nets on Wednesday in exchange for Bojan Bogdanovic and Chris McCullough, Adrian Wojnarowski of Yahoo! Sports reports.
Nicholson played three minutes in a 120-98 win over the Thunder on Monday, recording no points and missing his only shot attempt from the field.
Nicholson (coach's decision) didn't see the floor in a 120-101 win over the Trail Blazers on Monday.
Nicholson played seven minutes in Saturday's 112-100 loss to the Spurs, posting two points (1-4 FG, 0-2 3Pt) and one rebound.
Nicholson generated 19 points (7-8 FG, 1-1 3Pt, 4-6 FT), eight rebounds, two steals and one assist across 26 minutes in Tuesday's 96-91 preseason win over the Cavaliers.