Posted Jul 12 2012 4:56PM
CHARLOTTE, N.C. (AP) -- The Bobcats have announced they've rescinded their qualifying offer to point guard D.J. Augustin.
That means Augustin, Charlotte's starting point guard last year when not injured, immediately becomes an unrestricted free agent.
The move will save the Bobcats about $4.4 million under the salary cap and likely means Kemba Walker will be the team's starting point guard this season unless the Bobcats make a move in free agency.
Augustin was initially selected by the Bobcats with the ninth overall pick in the 2008 NBA Draft. In four NBA seasons, he played in 282 total games for the Bobcats with averages of 10.9 points, 4.4 assists and 2.0 rebounds but struggled at times with shooting. Last year he played in 48 games, averaging 11.1 points, 6.4 assists and 2.3 rebounds.
 | Spurs vs. Heat: Game 6 LeBron James records a triple-double as Miami defeats San Antonio in Game 6. |
 | Spurs vs. Heat: Game 7 Preview The Game Time crew previews Thursday's Game 7. Game is scheduled for Thursday at 9 PM ET on ABC. |
 | Press Pass: Ray Allen Ray Allen speaks postgame after his game-tying 3-pointer sends it into overtime where Miami would win it over the Spurs in Game 6. |
 | Tuesday's Top 10 Check out the top 10 plays from Game 6 of the NBA Finals. |
 | Press Pass: LeBron James LeBron James talks postgame after his triple double helps lift Miami over the Spurs in overtime in game 6. |
Copyright © NBA Media Ventures, LLC. All rights reserved. No portion of NBA.com may be duplicated, redistributed or manipulated in any form. By accessing any information beyond this page, you agree to abide by the Privacy Policy / Your California Privacy Rights and Terms of Use. | Ad Choices 
NBA.com is part of Turner Sports Digital, part of the Turner Sports & Entertainment Digital Network.
