Philadelphia 76ers to release Elton Brand via amnesty clause, sources - ESPN
He never earned his contract with the Sixers. He never put up numbers similar to his Clipper/Bulls tenure.
He never earned his contract with the Sixers. He never put up numbers similar to his Clipper/Bulls tenure.
The Philadelphia 76ers will release former All-Star Elton Brand under the league's amnesty clause, according to sources.
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.
Brand will still collect the full $18 million that the Sixers owe him next season, but he will first be offered to teams under the salary cap through the waiver process, with under-the-cap teams able to lodge bids for him.
Sources tell ESPN.com that the Dallas Mavericks, under the salary cap after being foiled in their pursuit of marquee free agent Deron Williams, have interest in claiming Brand through the waiver process.
In the event that he goes unclaimed on waivers, Brand would then be free to sign as a free agent wherever he chooses.
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.
Brand will still collect the full $18 million that the Sixers owe him next season, but he will first be offered to teams under the salary cap through the waiver process, with under-the-cap teams able to lodge bids for him.
Sources tell ESPN.com that the Dallas Mavericks, under the salary cap after being foiled in their pursuit of marquee free agent Deron Williams, have interest in claiming Brand through the waiver process.
In the event that he goes unclaimed on waivers, Brand would then be free to sign as a free agent wherever he chooses.
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