Found July 06, 2012 on The NBA Passionista:
4d
  The Philadelphia 76ers have joined free agency, but first they put their amnesty clause to good use as they amnestied Elton Brand and his $18.1 million contract which gave them room to sign shooter Nick Young to a one-year $6 million deal, which won’t become official until July 11th. The decision was made in order to [...]
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Sixers sign Nick Young, amnesty Elton Brand

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Today the Philadelphia Sixers have decided to use their amnesty clause on power forward, Elton Brand.  Not very surprising, as there were several reports throughout the season showing that the Sixers were interested in doing that. Teams under the salary cap can now bid on Elton Brand. So what exactly does that mean? With the amnesty clause on Brand, the Sixers now free up $18 million...

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