According to Lakers beat writer Kevin Ding of the Orange County Register, the Lakers will use the amnesty clause on Metta World Peace for the upcoming season.
Sweet a guy as he is, @MettaWorldPeace will be waived via amnesty by Lakers to save about $30 million, barring some late change.
— KEVIN DING (@KevinDing) July 8, 2013
World Peace was due $7.7 million this year. Teams will now have the opportunity to bid for World Peace at a reduced rate, with the Lakers covering the rest of the $7.7 million he is due. However, whatever the Lakers have to pay World Peace will not count against the salary cap for them.
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