CINCINNATI -- The Texas Rangers placed Josh Hamilton on unconditional release waivers Tuesday, though they hope his surgically rebuilt left knee is healthy enough to allow him to try for a spot with the team next season.Texas activated Hamilton off the 60-day disabled list and put him on waivers, a move that was expected. The 35-year-old outfielder had surgery on June 8 to reconstruct his ACL and repair cartilage damage. Hes hoping to be ready for spring training.It was Hamiltons third operation on the knee since September.General manager Jon Daniels said during a conference call that the move had to be done before the end of August, otherwise Hamilton wouldnt have been able to play for the Rangers until after May 15 next year under Major League Baseballs contract rules.Daniels had discussed the move with Hamilton, most recently on Tuesday.Im hopeful that if hes healthy and our roster is in a spot where wed still like to have him back, we can work it out, Daniels said. But thats still a few steps down the line.Weve talked about it for a period of time, and he understands why we did it.Hamilton is still rehabilitating the knee. Hes not expected to be cleared for workouts until December.Hamilton was the first overall pick in the 1999 June draft, but drug addiction nearly ruined his career. He returned to baseball with the Cincinnati Reds in 2007 and showed the promise that was nearly destroyed by drugs, batting .292 in 90 games with 19 homers and 47 RBI.The Reds traded Hamilton to the Rangers after the 2007 season in a deal for pitcher Edinson Volquez. Hamilton was a five-time All-Star with the Rangers and the 2010 AL Most Valuable Player. He left as a free agent after the 2012 season and signed a five-year, $125 million deal with the Los Angeles Angels.He was traded back to Texas last year, and the Angels agreed to pay the Rangers for all of his $24 million salary this season and $22 million of the $24 million he is due next year, the final year on his contract. He played in only 50 games last season, batting .253 with eight homers and 25 RBI.Hamilton opened this season on the DL recovering from knee surgery. During his first game of a rehab assignment, he felt discomfort in the knee and underwent surgery in June to rebuild the knee.Also Tuesday, the Rangers recalled right-hander Shawn Tolleson from the minors and put him on the 60-day DL, creating a spot for left-hander Derek Holland to return from the disabled list and start against the Reds. 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