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amnesty clause

76ers amnesty Elton Brand, will Bulls do the same with Boozer?

July 6, 2012 By paulmbanks

The Philadelphia 76ers will release former All-Star Elton Brand under the league's amnesty clause, according to ESPN: The move to release Brand will be necessitated by the expected signing of free-agent guard Nick Young and the planned re-signing of center Spencer Hawes. Teams that did not use their one-time amnesty clause last season can waive one player via the amnesty … [Read more...] about 76ers amnesty Elton Brand, will Bulls do the same with Boozer?

Magic Waive Gilbert Arenas with Amnesty Clause; Pistons Cut Rip Hamilton

December 9, 2011 By paulmbanks

gilbert-arenas-guns-d'angelo-russell

The new Amnesty Clause in the NBA labor agreement update claimed it's first ever victim today. Gilbert Arenas of the Orlando Magic. Yes, "Hibachi," "Agent 0," or as I call him "shooty mcshootington" or "gunsy mcgunsington" walks away from the Magic with a cool $60+ million; without having to do a thing. The Magic get to take his albatross of a contract off their salary cap … [Read more...] about Magic Waive Gilbert Arenas with Amnesty Clause; Pistons Cut Rip Hamilton

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