Sixers to waive forward Elton Brand under NBA's amnesty policy

The Philadelphia 76ers will use the NBA's amnesty clause to cut Elton Brand and the $18.2 million left on his contract, league sources told Yahoo! Sports.

In part, this move clears the way for the Sixers to sign Los Angeles Clippers free agent Nick Young to a one-year, $6 million deal.

The 76ers can’t use the amnesty clause until the league’s moratorium on signings ends July 11. Teams under the salary cap can place bids on Brand through the amnesty wire with the highest bid claiming him. Teams currently under the cap include the Dallas Mavericks, Portland Trail Blazers and Houston Rockets.

[Also: Jeremy Lin accepts Rockets' $29M offer; Knicks likely to match]

If no team claims Brand off the amnesty wire, he will become a free agent and can sign with any team.

Brand, 33, averaged 11 points and 7.2 rebounds for the 76ers last season.

Young gives the 76ers a consistent outside scoring threat. He averaged 14.2 points for the Washington Wizards and Clippers a season ago.

Other popular content on Yahoo! Sports:
Adrian Wojnarowski: Steve Nash's arrival could lure Dwight Howard to join the Lakers
Marc J. Spears: Clippers reach deal with Jamal Crawford; re-signing Chauncey Billups
Jason Kidd reportedly spurns Dallas to finish his career off as a New York Knick