The 23-year old Wagner signed a two-year contract with the Warriors in the off-season after missing all of the 2005-06 season recovering from surgery to have his colon removed. Wagner scored four points in one game for Golden State this season.
According to the source, Wagner's conditioning had steadily deteriorated since joining the Warriors and after a stellar training camp where Wagner started all but one preseason game and twice led the team in scoring he quickly fell out of favor with head coach Don Nelson. Wagner was not at the Warriors game against Seattle on Saturday with the team reporting he was "under the weather."
A spokesman for the Warriors would not comment but said the team would have an announcement regarding Wagner on Monday.