NBA News: Metta World Peace Clears Waivers, Becomes Free Agent

Earlier this week, the Lakers made the tough financial decision to waive fan favorite Metta World Peace via their one-time amnesty provision given to all NBA teams under the 2011 Collective Bargaining Agreement (CBA). While Lakers fans will miss Metta, amnestying the veteran forward will save the team approximately $15 million in luxury taxes.

—–Check out the Lakers Nation store to get your LN gear and show off your Lakers pride!——

On Sunday afternoon, Metta officially cleared waivers and became a free agent, according to Yahoo! Sports’ Adrian Wojnarowski:

Since the amnesty became official, there have been varying reports and rumors of what World Peace will do and go next. There have been hints at retirement, playing with the New York Knicks, playing for the Clippers, playing overseas in China and even playing arena football.

Now that Metta is officially a free agent, he is permitted to sign with any team except the Lakers. Since a team did not claim MWP off waivers, the Lakers will have to pay his full contract for this season, worth approximately $7.7 million, but his contract will still remain off their books. However, the Lakers will receive some financial relief if he signs with another team.

The New York Knicks seem like the favorable choice for the New York native as both parties have interest in one another. However, the Clippers and playing in China are also candidates for Metta as he recently tweeted that he spoke to Yao Ming.

—————————————————————————————————————–

VIDEO: Lakers Sign Wesley Johnson To A One Year Deal

Don’t forget to click here to subscribe to our YouTube Channel!

You May Also Like

NBA Rumors: Metta World Peace To Reunite With Phil Jackson In New York?

[new_royalslider id=”219″] The Phil Jackson impact on the New York Knicks franchise…

NBA Rumors: Rockets Plan To Pursue Chris Paul, Blake Griffin, Others; Shopping Veteran Talent

The 2017 NBA offseason has gotten off to quite the start, with many game changing trades occurring just days before the draft…

John Wall Believes Wizards Will Make A Move Before NBA Trade Deadline

The Washington Wizards have become a force to be reckoned with in the Eastern Conference…

2020 Summer Olympics Rescheduled For July 2021 Due To Coronavirus

For the first time in the history of the event, the 2020 Summer Olympics — originally scheduled for this July — will be postponed…