Brendan Haywood to Bobcats
Haywood Now Carolina-Bound
After a mixed tenure with the Mavericks in Dallas, Brendan Haywood now heads back to North Carolina as the newest member of the Charlotte Bobcats, writes Jeff Caplan. Blog
NBA teams were notified at 5 p.m. Saturday the Bobcats had lodged the winning bid in a blind auction to claim Haywood, who was released Thursday by the Dallas Mavericks via the one-time amnesty clause.
NBA.com reported the Bobcats' winning bid was just more than $2 million, which means Dallas must pay roughly $6.3 million of Haywood's $8.3 million salary in 2012-13.
Releasing Haywood via amnesty wiped the $27.2 million he's owed over the next three seasons off the Mavericks' books for salary-cap and luxury-tax purposes. The Bobcats now will assume more than $6 million of that financial obligation.
Haywood played as a teammate in Washington alongside Charlotte owner Michael Jordan.
Only teams under the salary cap can bid on players waived via the amnesty clause. The waiver process takes 48 hours, with players released via amnesty gaining unrestricted free agency if they go unclaimed.
That provision made Darko Milicic an unrestricted free agent Saturday. The No. 2 overall pick behind LeBron James in the 2003 draft -- amnestied Thursday by the Minnesota Timberwolves -- cleared waivers.
By using its one-time amnesty clause on Haywood, Dallas went under the salary cap and used the resultant space to sign former All-Star center Chris Kaman to a one-year deal worth $8 million and then lodge a winning bid of $2.1 million in Friday's waiver auction for former All-Star Elton Brand, who was released via amnesty Wednesday by the Philadelphia 76ers.
The Cleveland Cavaliers and Sacramento Kings, sources told ESPN.com, are also seriously weighing whether to register a blind bid for Scola, whose existing three-year contract means the minimum amnesty bid is just more than $3 million for next season and $10-plus million through 2014-15.