Oh well, it was fun while it lasted.

Rapper and No Limit Records CEO Master P saw his bid to become an NBA player end on Monday when he was waived by the Charlotte Hornets.

P (real name Percy Miller) had been in training camp with the Hornets since camp began last month and made the cut when the squad trimmed its roster to 16 last week (see [article id="1431939"]"Master P Hangs Tough With Hornets As Season Nears"[/article]). However, the Hornets told MTV News on Monday that P had been waived, just four days before the season is scheduled to begin on Friday.

In two exhibition games with the Hornets over the weekend (both against the Atlanta Hawks), P played a total of eight minutes going 0-for-3 from the floor and 2-for-2 from the free throw line. He also tallied two assists and one rebound in the two games.

The rapper/mogul may make a statement about the move on Tuesday.