Originally written December 09, 2011 on Bloguin Best:
98070163
Through the end of the 2014 season, the Orlando Magic were scheduled to pay Gilbert Arenas $62 million dollars for the version of basketball he currently plays. He'll still get just about all of that from the Magic most likely, but it won't be for playing. In a partnership that didn't really seem like it would work right up until it never did, the Orlando Magic have parted ways with Gilbert Arenas by way of the Amnesty Clause. This according to an Orlando Sentinel report late Friday afternoon: The Orlando Magic have announced that they have waived guard Gilbert Arenas and designated him as the franchise's amnesty player. Using the amnesty clause means that Arenas' remaining salary will come of off the team's salary-cap and luxury-tax totals immediately. Arenas, a close friend of General Manager Otis Smith's, was a major disappointment. Although he showed some flashes of the old form that made him a dangerous scorer, Arenas' left leg caused him signifi...
MORE FROM YARDBARKER

Jon Gruden on Raiders job: 'I'm not thinking about coaching'

Tom Brady defends not congratulating Garoppolo on TD

Ohio State student who ran on field loses full scholarship

Report: Carson Palmer's nerve injury 'still lingering'

Adam Dunn to retire after 14-year MLB career

Ryan Lochte: Phelps made dumb decision, will learn from it

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Tiger Woods to open restaurant in Florida next year

Royals beat A's in extras, win first playoff game since '85

Mark Davis: Raiders head coaching job will be 'enticing'

Fan on Craigslist offers Nats playoff tickets for threesome

Brady snubs rookie Garoppolo after touchdown pass

Cung Le suspended for failed HGH test

WATCH: Smith tells Panthers to go home and mow his lawn

The best games on the NFL slate in Week 5

Aaron Rodgers says smoking gesture a tribute to Jay Cutler

What will the A’s look like in 2015?

Major League Baseball's 2014 All-Disappointment Team

Jeter introduces 'The Players Tribune,' 'The Voice of the Game'

Grading each NFL's team's play at quarter-season mark

MLB.com posts wrong story saying A's won game

WATCH: Brett Favre in new nose hair trimmer commercial

WATCH: Michigan students protest, call for AD to be fired

Marlins president: We're not trading Giancarlo Stanton

Heckling Knicks fan suing team over ejection

NBA News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

What will the A’s look like in 2015?

All-Disappointment Team in MLB

Ryan Lochte: Phelps made dumb decision

WATCH: Brett Favre in new commercial

Brady snubs rookie after TD pass

FCC: Washington nickname 'inappropriate today'

Could Jon Gruden return to Oakland?

Marlins: We're not trading Stanton

Study: 76 of 79 deceased NFL players had CTE

Heckling fan sues Knicks over ejection

Sparano to step in as Raiders head coach

This weekend in NFL stupid

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.