NBA Amnesty free agents
The NBA and the player's union agreed to a one time "amnesty provision" under which the players can be waived (yet still owed their contracts) cannot re-sign with them until their current contracts expire and the teams are cleared of any luxury tax impositions.
Perhaps the biggest name to be waived via the Amnesty Rule was Michael Finley as he was waived at the deadline by the Dallas Mavericks. All players must wait seven days as opposed to usual 48 hours to clear waivers thereby making Finley the most coveted of the free agents on the market as Miami, Phoenix, Detroit and San Antonio and even Denver have all shown interest in obtaining the all star swingman.
Other notables:
Perhaps the biggest name to be waived via the Amnesty Rule was Michael Finley as he was waived at the deadline by the Dallas Mavericks. All players must wait seven days as opposed to usual 48 hours to clear waivers thereby making Finley the most coveted of the free agents on the market as Miami, Phoenix, Detroit and San Antonio and even Denver have all shown interest in obtaining the all star swingman.
Other notables:
- Allan Houston, after whom the rule was once named, was not waived by the New York Knicks and instead designated the 32 year old Jerome Williams as their amnesty player
- Aaron McKie was waived by the Philadelphia 76ers and had piqued the interest of the Nets
- Doug Christie got his wish and is waived by the Orlando Magic and appears to be headed to Dallas
- the Portland Traiblazers waived Derek Anderson
- after one season in LA, Brian Grant is gone from the Los Angeles Lakers and may sign with Phoenix
- Ron Mercer was waived by the New Jersey Nets after playing 18 games and then needing knee surgery
- the Houston Rockets waived power forward Othella Harrington
- the Minnesota Timberwolves waived three point specialist Fred Hoiberg
