Dec 7, 2011, 2:06 PM EDT
The Spurs have decided to use the amnesty clause on contract of Richard Jefferson, league sources tell Y! Sports. He has 3 years, $30M left.
This would drop the Spurs below the luxury tax level, to $65.2 million on the books heading into the season. But this is also a Spurs team in win-now mode and Jefferson may have been overpaid but he did contribute on the court, 11 points per game and he was a three-point threat that spread the floor. So how do the Spurs replace that production?
How about Butler, who met with the Spurs on Wednesday, Wojnarowski tweets. Butler has been drawing interest from a lot of teams — Bulls, Clippers, Nets and others — but this has to be a serious consideration.
If not Butler, you know there will be a good “plan B.” This is the Spurs, there is always a plan. But Jefferson is not part of it.
Jefferson likely will draw interest on the free agent market. But he may not fall to a contending team — under the new amnesty rules there is a secondary waiver where teams under the salary cap can bid to pay a part of the players contract and get his services (the player has no say in this, he cannot reject it). Jefferson may be bid on.
- Ray Allen: “I won’t officially retire” 11
- Report: Adidas makes $200 million offer to James Harden 22
- Jahlil Okafor: “Rookie of the Year is one of the goals I set for myself” 16
- Report: Derrick Rose undecided about attending Team USA minicamp 9
- Report: Pacers planning to purchase D-League’s Fort Wayne Mad Ants 4
- Report: Hawks’ Mike Scott told police after arrest all drugs in car were his 17
- NBA lands in Africa trying to put down roots, which is all about youth programs, infrastructure 1
- Report: Kings expected to hire Nancy Lieberman as assistant coach 9