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Bobcats release Thomas under amnesty provision

Tyrus Thomas can take his money and run after the Charlotte Bobcats released him under the amnesty provision Wednesday.

Thomas had two years remaining on his contract. The 26-year-old will be paid the full $17 million he's due from the Bobcats and become a free agent unless another franchise claims him through the waiver system.

Thomas, the fourth pick in the 2006 draft, played for the Chicago Bulls before he was traded to Charlotte in 2010. At 6-10, 225, he is a talented athlete but hasn't found his niche while shuffling through multiple systems and head coaches.

With the cap space created by releasing Thomas, the Bobcats signed power forward Al Jefferson to a three-year, $41 million contract Wednesday.

Charlotte also announced the signing of first-round pick Cody Zeller.