Mirza Teletovic

Teletovic announced his retirement from basketball Thursday, EuroHoops.net reports.

Teletovic (illness) was waived by Milwaukee on Saturday.

Teletovic, who has been sidelined since Nov. 7 due to left knee surgery and a pulonary emboli in both of his lungs, refuted reports Wednesday that the latter condition will spell an end of his playing career, Matt Velazquez of the Milwaukee Journal Sentinel reports.

Teletovic is out indefinitely as a result of pulmonary emboli in both lungs.