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amnesty clause

  1. Cavaliers use amnesty clause on Baron Davis

    Dec 14, 2011, 8:36 PM EDT

    Miami Heat v Cleveland Cavaliers

    The Cleveland Cavaliers have officially announced that they have used their team’s “amnesty clause” on Baron Davis, and waived the 32-year old guard from their roster. Davis’ current contract will pay him 13.95 million dollars this season, and Davis has a player option for 14.85 million next season. Davis will still make that money, but…

  2. Tyson Chandler signing official, Chauncey Billups gets the amnesty boot

    Dec 10, 2011, 2:45 PM EDT

    Knicks Celtics Basketball

    Thanks for coming, Chauncey. After being traded for Denver in a deal he didn’t want (Billups is from Denver and was happy there), as a sidekick to Carmelo Anthony, and then having his option exercised to pay him $16 million, the New York Knicks exercised their amnesty clause on Chauncey Billups Saturday. The move means…

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