Jul 6, 2012, 11:42 AM EDT
Elton Brand has had a couple of solid seasons for the Philadelphia 76ers, but that wasn’t enough for them to keep him around at one of the highest salaries in the league.
The 76ers are going to use their amnesty clause to wipe Elton Brand — and the final year and $18 million — off their books, reports Adrian Wojnarowski of Yahoo (and since confirmed by multiple sources). Brand still gets paid his money but it disappears from the official team salary rolls.
The 76ers need to do this to bring back Spencer Hawes and sign Nick Young to a new contract. It gives them some room to make a run at retaining Lou Williams. (Do you want Williams and Young at the same time is another question.)
Brand averaged 11 points and 7.6 rebounds for the Sixers last season and was fairly efficient (he had a PER of 18 this season, 18.5 last season), but he didn’t really grab a lot of boards and he had some defensive matchup issues because he does not move well laterally.
The reality is Brand is still a serviceable NBA big man, just wildly overpaid at $18 million.
Under NBA amnesty rules, the teams under the salary cap can bid on Brand’s services and pick up a portion of his contract. That means the Mavericks, Trail Blazers, Suns, Hornets, Cavaliers, Rockets and other teams could bid on his services. The team with the highest bid would get his services. (To explain, if a team bids $3 million for Brand and that is the highest bid, he plays for that team and they pay him $3 million and the other $15 million he is owed comes from the $76ers. Only the salary bid counts against the new team’s salary cap.)
This is the 76ers one amnesty.
- Spurs reset franchise for post Tim Duncan life in one impressive week 3
- Report: Lakers ‘actively discussing’ trade for Roy Hibbert with Pacers 22
- LaMarcus Aldridge has chosen to sign with Spurs 78
- Who should Clippers get to replace DeAndre Jordan? How about Blake Griffin. 42
- Report: Tobias Harris reaches four-year, $64 million extension to stay with Orlando 25
- Report: Rajon Rondo agrees to one-year, $9.5 million deal with Sacramento Kings 47
- Report: DeAndre Jordan agrees to four-year, $80 million deal to join Dallas Mavericks 57
- Report: Kings signing Marco Belinelli to three-year, $19 million contract 19