After signing a 10-day contract on Feb. 5, the Philadelphia 76ers have decided not to resign Tim Frazier.

Frazier, the former Penn State star, averaged 5 points, 4.7 rebounds, and 8.7 assists in three games with the Sixers. He helped the team limp to a 1-2 record in his three games on the roster. The news was first reported by the Inquirer‘s Keith Pompey.

The #Sixers did not sign .@psufraz23 to a second 10-day contract

— Keith Pompey (@PompeyOnSixers) February 15, 2015

Frazier shot just 22.2 percent from the floor in his three games, but he finished with a 10-point, seven-assist performance in his final game against the Golden State Warriors. Frazier’s release might be more of a timing issue than anything else. With the trade deadline approaching at 3 p.m. on Thursday, the Sixers are potentially looking to add another piece to their roster.

But don’t lose hope just yet, Penn State fans. Depending on the results of the trade deadline, the Daily News‘ Bob Cooney is reporting that the Sixers may resign Frazier later in the week. Teams can sign players for up to two ten-day contracts before they are forced to make a long-term decision on a deal.

Am told though #Sixers didn’t resign Tim Frazier today, they may or may not over the next few days.

— Bob Cooney (@BobCooney76) February 16, 2015

We’ll have updates on Frazier’s status in the coming days.

Photo: NBA.com