Thursday, July 10, 2008
Clippers renounce rights to Livingston, four other players
LOS ANGELES -- The Los Angeles Clippers said Wednesday that they had renounced their rights to Shaun Livingston, the recuperating guard who is an unrestricted free agent, and four other players.
The other players are Dan Dickau, Boniface Ndong, Smush Parker and James Singleton.
Livingston, taken by Los Angeles as the fourth overall pick in the 2004 NBA draft, hasn't played since injuring his left knee in a game on Feb. 26, 2007.
The Clippers declined to give him a $5.8 million qualifying offer this summer.
According to the NBA collective bargaining agreement, a renounced player no longer counts toward team salary, so teams use renouncement to gain additional cap room. A team can still re-sign such a player, but the team must either have enough salary cap room to fit the salary, or sign the player using the minimum salary exception.
After renouncing a player, a team also can trade him in a sign-and-trade agreement.