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Mavericks amnesty Haywood
Posted By HOOPSWORLD On July 12, 2012 @ 5:00 pm In All,Wirenews | Comments Disabled
The Dallas Mavericks plan to waive center Brendan Haywood using amnesty provision that forces teams to pay the remainder of a player’s contract while keeping it off the books for salary cap and luxury tax purposes.
Haywood has a salary of $8.3 million for 2012 and is owed more than $27 million over the next three seasons.
The Mavericks, in turn, are reportedly planning to commit a chunk of their newfound cap room to sign Elton Brand. Brand was waived by the 76ers via the amnesty clause. Brand would join a frontcourt that features Dirk Nowitzki and center Chris Kaman, who signed a one-year, $8 million contract Thursday morning.
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