Found December 01, 2011 on Pro Basketball Talk:
If we didn’t call this the amnesty provision the Gilbert Arenas rule, we would call it the Rashard Lewis rule. He is owed $21.1 million this season and $22 million next season, and while he still has some value at as a stretch four he doesn’t have second-highest-paid-player-in-the-league value. But the Wizards are not going…

Wizards won’t use amnesty on Rashard Lewis

Rashard Lewis’s agent, Tony Dutt, confirmed to Yahoo! Sports on Wednesday that the Wizards would not use the amnesty clause to waive his client. The new collective bargaining agreement will contain a provision that allows teams to cut a player and have the entire salary removed from the cap. Lewis would appear to be a prime candidate to be released since he is two years removed...

Rashard Lewis About To Take Bath On Florida House; $4MM

Things aren’t looking so good for Washington Wizards forward Rashard Lewis financially. There are rumors the Wizards are going to release him and his $22 million per year salary when the NBA offseason officially begins. Normally, that wouldn’t matter because NBA contracts used to be guaranteed, but the new collective bargaining agreement has some stipulation that allows teams...

Wizards Won't Use Amnesty Clause On Lewis

Rashard Lewis is due a prorated portion of $21.1 million in 11-12 and $22.6 million in 12-13.

Washington Will Not Use Amnesty Clause to Waive Lewis

The Washington Wizards will not be using the amnesty clause on Rashard Lewis once the Collective Bargaining Agreement (CBA) is complete, according to Lewis' agent. For those not caught up in the legal red tape that is the CBA, the amnesty clause gives NBA teams the opportunity to waive one player from their roster and not have his salary count against their cap.  With many...

News and notes: Rashard Lewis staying, Mike Miller going?

The NBA's new collective bargaining agreement hasn't been signed off on, yet, and the NBA Players Association hasn't even officially reformed. Training camps and free agent signings are still technically not due to hit until December 9th, though there was a slow and steady trickle of NBA players seen walking into the team practice facilities that they were literally locked...

Wizards Flip Saunders: “Every year is a challenge”

Here is the second part of Flip Saunders’s news conference, with his comments on Rashard Lewis, Jordan Crawford, Kevin Seraphin, his third season with the Wizards and experience coaching during a lockout-shortened season. You can read Part I here. On expectations in his third year: Every year is a challenge. Has it been different teams? Yeah, we’ve probably had five different...

Box Seats: Wizards could make moves

Box Seats blogger Lee Friedman offers his opinion on how the NBA’s new CBA could affect the Wizards. Among other observations, Friedman says: It’s ironic that the amnesty clause included in the new CBA would have been of more use to the team three years ago (and $60 million worth of grotto-building by Gilbert Arenas). The clause allows teams to erase one contract from their...

2011 Free-agent Focus: Arron Afflalo

Over the next few days, Brian Schmitz and I will spotlight some free agents who could fulfill the Orlando Magic’s biggest on-court needs: a shooting guard if the team doesn’t re-sign Jason Richardson, the backup center spot and point guard if the team uses the amnesty provision on Gilbert Arenas.
Today's Best Stuff
For Bloggers

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

Company Info
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.