Phoenix is such a veteran team, this wasn't the best fit for Jaz. This may be Taurasi's final WNBA season, and they've got veterans Sophie Cunningham and former WNBA Finals MVP Kahleah Copper in the backcourt too. As I suspected they would, Phoenix is only keeping 11 players instead of the 12 allowed.
We'll see if Jaz gets picked up by another team or signed by a team back home in Australia. A ton of young players, including some drafted much higher than Jaz, are getting waived today. It's really hard to make a WNBA team out of college.