The Charlotte Bobcats were awarded center Brendan Haywood off waivers from Dallas. The 11-year veteran will be under contract for only one season at $2.05 million but is guaranteed the full value of his previous deal with the Mavericks.
Haywood was waived by the Mavericks 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 had a salary of $8.3 million for 2012 and is owed more than $27 million over the next three seasons by Dallas.
Haywood joins another former Mavericks center, DeSagana Diop, with the rebuilding Bobcats. The 32-year-old North Carolina product lives in Charlotte in the offseason.