Found December 08, 2011 on Hooped Up: Atlanta Hawks:
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The San Antonio Spurs have decided to use their one-time amnesty clause on Richard Jefferson(notes) to waive their starting small forward, league sources told Yahoo! Sports. The decision allows the Spurs to remove the three years and $30.5 million left on Jefferson’s contract from the team’s payroll for salary-cap and tax purposes. Jefferson will still be paid the $30.5 million. The Spurs are aggressively looking for a small forward, and removing Jefferson’s contract will allow them to spend the full $5 million midlevel exception for teams under the luxury-tax threshold. Yahoo! Sports
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