Chris Paul announced on Friday that he is officially retiring from the NBA, effective immediately. The 40-year-old point guard released a statement saying "this is it!" after being waived by the Toronto Raptors.

Following his release by the Toronto Raptors, Chris Paul has announced his retirement from the NBA, leaving an intriguing three-word message at the conclusion of his farewell letter.

NBA legend Chris Paul is “stepping away” from professional basketball. Paul, 40, ends his playing career after 21 seasons in the NBA, noting in his retirement announcement that he’s spent “more than half” his life in the league. “This is it!”

Chris Paul has announced he's retiring from the NBA after being waived by the Toronto Raptors following a trade deadline deal with the LA Clippers.

Paul's announcement came after the Toronto Raptors officially waived him just over a week after he was acquired prior to the trade deadline. It had already been known that he was going to retire at the end of the 2025-26 season. The 40-year-old confirmed to The Athletic's Law Murray in November that his 21st NBA season would be his last.

Chris Paul announced his retirement from the NBA via a social media post Friday. Paul had previously said he would retire at the end of this season, his 21st NBA campaign.

Yes, he really does have the same name.