Found October 22, 2011 on Red's Army:
I know both sides haven't really come close to a final agreement, but there actually has been some progress in these NBA negotiations.  Among the new elements of this deal are an amnesty clause, and a new "stretch" exception.  There will be a one-time “amnesty” provision that will allow each team to waive a player (with pay) without his salary counting against the salary cap. There will be a “stretch” exception, available every year, allowing teams to waive players and stretch out their remaining salary over a number of seasons, thus reducing the annual salary-cap hit. I touched on the amnesty thing a bit when I railed against Bill Simmons last month.  The Celtics just don't have enough players on the roster to start cutting people, amnesty or not.  I'm also pretty sure a provision of the amnesty clause will be the inability to re-sign your own player.  So I don't think the Celtics can cut Paul Pierce, pay him all the money he is due to get hi...
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