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

NBPA Executive Director Michele Roberts Acknowledges Positive Coronavirus Tests Are Expected Within Orlando Bubble

Despite the ongoing coronavirus (COVID-19) pandemic, the NBA is set to resume the 2019-20 regular season…

NBA Season Restart Schedule Of Orlando Games

The return of the 2019-20 season is set as 22 teams are a week away from making the trip to Walt Disney World…

NBA Transaction Window Opens; Players Testing For Coronavirus Begins Ahead Of Trip To Orlando Bubble

Despite the ongoing coronavirus (COVID-19) crisis, the NBA is gearing up for the return of the 2019-20 season…

NBA News: League Considering Changing Pick Swap Rules

The National Basketball Association has seen tremendous growth during the past few decades, escaping the scare of the…