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CHARLOTTE, N.C. (AP) -- The Bobcats have announced they've rescinded their qualifying offer to point guard D.J. Augustin.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.
|FIBA: Day Four Wrap|
See all the action and passion from day four of the 2014 FIBA World Cup.
|Postgame: Coach K|
USAB's Coach Mike Krzyzweski addresses the media following a winning performance over New Zealand.
|Postgame: James Harden|
USAB's James Harden addresses the media following a winning performance over New Zealand.
|Anthony Davis: Sultan Of Swat|
The Pelicans' Anthony Davis is known for his unique defensive prowess for guarding the paint, and we replay some of his best blocks.
|Through The Lens: USA vs. New Zealand|
Watch Team USA's impressive win over New Zealand through the lens of the slow-motion phantom cam.