The 76ers Decide To Use The Amnesty Clause On Elton Brand - Click To Read Details
Posted 7/6/2012 11:30:00 AM

The 76ers have decided to use the amnesty clause on Elton Brand and the $18M left on final year of his deal, league sources tell Y! Sports.  The amnesty clause means that the Sixers will be responsible for the money Brand’s contract, but it will not count against the salary cap. If another team signs him via amnesty auction, the Sixers will have to pay him the remaining sum. For instance, Elton Brand is scheduled to make $18 million next season, if he is acquired via amnesty auction for $7 million, the Sixers must pay $11 million. Two things are sure, the Sixers now have cap space, and Elton Brand will not be on the team next season.

Posted By: 97.5 The Fanatic  

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  1. ArtieD posted on 07/06/2012 04:47 PM
    Much respect to Elton Brand today on the day when his Sixers career comes to an end. EB was always a hard worker, and in the end - he held up his end of the contract. Sixers may have overspent, but that was their decision. If he did not get injured in his first season in Philadelphia, the fans would have remembered him in a different way. EB was a great guy, his signing (at the time) was monumental for the Sixers. Elton Brand did Philly proud, wish him nothing but the best the rest of his career....
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