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Cavaliers amnesty Baron Davis

Updated: December 15, 2011, 9:58 AM ET
By Marc Stein | ESPN.com

The Cleveland Cavaliers have decided to waive Baron Davis through the league's amnesty clause.

The Cavaliers announced Wednesday night that they're releasing Davis in advance of Friday's amnesty deadline after exploring both trade and buyout possibilities with the former All-Star.

Rougly $27 million of the nearly $30 million left on Davis' contract is guaranteed. The Cavs would still have to pay Davis all that money if they send him away, but the amnesty clause in the new labor ...

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