Ridnour announced his retirement from pro basketball Tuesday, David Rasbach of the Bellingham Herald reports.

Ridnour is expected to sit out the 2015-16 season, Marc Spears of Yahoo! Sports reports.

Ridnour was waived by the Raptors on Thursday.

Ridnour (5.8 ppg, 2.5 rpg, 3.1 apg) isn't fantasy worthy, but his return will take minutes back from Elfrid Payton and possibly Evan Fournier.

The Magic will sign Luke Ridnour. This move will help offset losing Jameer Nelson, but the Magic are clearly going into a rebuilding mode. Elfrid Payton's minutes should be safe and Ridnour will likely see time in the low 20s this season.

Luke Ridnour started for Kemba Walker (groin) and had 12 points, eight assists, a block and two 3-pointers on 4-of-8 shooting on Saturday. He's not worth starting in most leagues, but the Bobcats may continue to use him in hopes that Walker's groin is good to go by the start of the playoffs.

Luke Ridnour played 31 minutes in a start against the Celtics in Friday's 106-103 loss, scoring nine points two boards, five assists, three steals and one 3-pointer. Kemba Walker was suddenly questionable today and he missed this game, which was his first game out of the lineup since Feb. 1. The Bobcats get the dream matchup against the Sixers on Saturday, so Ridnour could be a plug-and-play option for fantasy owners.

Luke Ridnour will start in place of Kemba Walker (groin) vs. the Celtics on Friday. He's been the backup to Kemba since joining the team after the trade deadline. Ridnour's numbers with the Bobcats are not great, making 35.0 percent from the field for 3.1 points per game in 13.3 minutes. He's a risky option in fantasy leagues with 13 games tonight.

Luke Ridnour and Jannero Pargo are expected to share point guard duties in Friday's game against the Celtics. Kemba Walker (groin) is on the bad side of a questionable tag. The rotation is unknown right now because the last time Walker was out, Ramon Sessions was still a Bobcat. We're guessing that Ridnour will start and share time pretty evenly with Pargo, making both low-upside streamers.

Luke Ridnour played 13 minutes against the Spurs on Friday with two points and one assist. He'll get some minutes as Kemba Walker's backup, but that's pretty much it. Ridnour won't have fantasy value while Walker is healthy.