Posted Jul 12 2012 3:29PM
PHILADELPHIA (AP) -- The Philadelphia 76ers have used the amnesty clause on veteran forward Elton Brand and will get about $18 million in salary cap relief for next season.
The Sixers announced the move on Thursday.
Brand was entering the final season of an $80 million, five-year contract. The amnesty clause allows a team to waive one player during the new labor deal and have 100 percent of his salary taken off the cap and the tax. Brand is still owed the money. Teams under the salary cap can now bid for Brand's services for next season.
Brand was a two-time All-Star when he spurned better offers and signed the free-agent contract with Philadelphia.
Team president Rod Thorn says Brand "worked tirelessly for the overall good of the team."
|Wizards vs. Timberwolves|
Glen Rice Jr. scores 20 points to lift the Wizards to a win over the Timberwolves.
|Play of the Day - Devin Ebanks|
Devin Ebanks comes up with the ball and scores the bucket for the win.
|Assist of the Night - DeAndre Kane|
DeAndre Kane drives and dishes.
| Block of the Night - Adreian Payne|
Andreian Payne gets up and gets the shot out of there.
|Dunk of the Night - Will Barton|
Will Barton catches the inbounds alley-oop and finishes with the monster slam.