Lakers Report: Team Declines to Exercise Amnesty Clause

The Los Angeles Times is reporting that the Los Angeles Lakers declined to use their "amnesty clause" before tonight's deadline.

The amnesty clause is a new part of the current collective bargaining agreement, and it means a team can waive a player who was on their roster last summer without having to pay luxury taxes on the salary. Rumblings around the league believed that if the Lakers were to amnesty anyone it would be Metta World Peace who has two more years on his contract worth $15 million.

If a team amnesties a player they still have to pay the player his salary that was due.

World Peace had one of his worst offensive seasons to date, averaging a career-low 7.7 points a game. On court problems flared up again when the league suspended him seven games for delivering a vicious elbow to the head of Oklahoma City guard James Harden.

Next year, the Lakers will be eligible to use the amnesty provision on Kobe Bryant (owed $30.5 million), Pau Gasol ($19.3 million), World Peace ($7.7 million), and Steve Blake ($4 million) among others.

Stick with this StoryStream for more on the Los Angeles Lakers and NBA Free Agency. For all things Lakers, check out Silver Screen and Roll.

Trending Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

Join SB Nation Los Angeles

You must be a member of SB Nation Los Angeles to participate.

We have our own Community Guidelines at SB Nation Los Angeles. You should read them.

Join SB Nation Los Angeles

You must be a member of SB Nation Los Angeles to participate.

We have our own Community Guidelines at SB Nation Los Angeles. You should read them.

Spinner

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.