Mavericks amnesty Haywood, likely to bid for Brand

The Sports Xchange
The SportsXchangeJuly 12, 2012


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.