NBA Free Agent roundup (7/10/12)

dwight howard nets

While the NBA world awaits word on whether or not the Orlando Magic are actually going to give Dwight Howard to the Brooklyn Nets for ten cents on the dollar, there have been plenty of other major moves made via trade and free agency in the past couple of days.  Here is a breakdown of the latest player movement in this NBA off-season.

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

ELTON-BRAND

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 provision between July 11-17 and see that player’s contract figures vanish from the team’s payroll for salary-cap and luxury-tax purposes.

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