Posted Jul 6 2012 2:46PM
PHILADELPHIA (AP) -- The Philadelphia 76ers have used the amnesty clause on veteran forward Elton Brand and will get about $18 million in salary cap relief for next season.
Sixers president Rod Thorn confirmed the move in an email to The Associated Press on Friday.
Brand was entering the final season of an $80 million, five-year contract. The amnesty clause allows a team to waive one player during the new labor deal and have 100 percent of his salary taken off the cap and the tax. Brand is still owed the money. Teams under the salary cap can now bid for Brand's services for next season.
Brand was a two-time All-Star when he spurned better offers and signed the free-agent contract with Philadelphia. He never fulfilled the expectations of the deal even though his last two seasons with the Sixers were solid ones.
The move came the same day the Sixers agreed to terms with free-agent guard Nick Young.
|USA vs China Exhibition Game Full Highlights|
Team USA outscores China by 38 points in the paint in route to a 106-57 victory tonight in Los Angeles.
|Simmons Summer Highlights|
Check out the Sixers rookie sensation, Ben Simmons, as he makes his presence felt in the Las Vegas Summer League!
|Leadership Together: Jordan Breaks Silence|
Carmelo Anthony reacts to Michael Jordan's speaking out on the shootings of African-Americans and the police.
|Leadership Together: The Next Step|
Carmelo Anthony talks about the next step in keeping the discussion open and prospering.
|Leadership Together: Police, Youth and Education|
Carmelo Anthony stated the youth open the discussion about the need for respect, communication and education between officers and civilians.