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insidehoops · 07-14-2012, 09:43 PM

After Haywood was waived by the Mavericks

ESPN.com reports:

NBA.com reported the Bobcats' winning bid was just more than $2 million, which means Dallas must pay roughly $6.3 million of Haywood's $8.3 million salary in 2012-13.

Releasing Haywood via amnesty wiped the $27.2 million he's owed over the next three seasons off the Mavericks' books for salary-cap and luxury-tax purposes. The Bobcats now will assume more than $6 million of that financial obligation.

07-14-2012, 09:43 PM	#1
insidehoops Administrator Join Date: Jun 2006 Posts: 9,459	Bobcats get Brendan Haywood After Haywood was waived by the Mavericks ESPN.com reports: NBA.com reported the Bobcats' winning bid was just more than $2 million, which means Dallas must pay roughly $6.3 million of Haywood's $8.3 million salary in 2012-13. Releasing Haywood via amnesty wiped the $27.2 million he's owed over the next three seasons off the Mavericks' books for salary-cap and luxury-tax purposes. The Bobcats now will assume more than $6 million of that financial obligation.