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Thread: Portland uses amnesty clause on Anderson, waives Van Exel

  1. #1

    Default Portland uses amnesty clause on Anderson, waives Van Exel

    http://sports.espn.go.com/nba/news/story?id=2123563

    PORTLAND, Ore. -- The Portland Trail Blazers on Wednesday waived veteran guards Nick Van Exel and Derek Anderson.

    Anderson will be designated as the team's amnesty player under the NBA's new collective bargaining agreement, allowing the Blazers to release him and remove his almost $19 million contract from the team's salary cap for purposes of calculating the luxury tax.

    The Blazers chose not to retain Van Exel for the last non-guaranteed year worth $12.8 million of his contract.

    Van Exel averaged 10.7 points and 4.3 assists and made 39 starts for the Blazers last season before going on the injured list on March 12 with left knee pain. The 12-year veteran was acquired in a 2004 offseason trade that sent forward Dale Davis and guard Dan Dickau to Golden State.

    Van Exel, 34, who has also played for the Los Angeles Lakers, Denver Nuggets and Dallas Mavericks, has averaged 15 points and 6.9 assists in 821 career games.

    The Blazers will pay the final two years of Anderson's contract and he can sign with another team.

    "Given the direction of the team and Derek's limited availability in recent years we felt this was the best solution for all parties. This move gives us additional cap flexibility and minutes for our younger players," Blazers general manager John Nash said in a statement.

    The eight-year NBA veteran averaged 9.2 points three assists with 47 games with the Blazers last season but had a variety of injuries, including back spasms.

    Anderson, 31, was acquired with Steve Kerr and a second-round draft pick from San Antonio in exchange for Steve Smith on July 25, 2001.

    In his four seasons with Portland, Anderson averaged 12 points, 3.1 rebounds and 3.3 assists in 244 games.

    Anderson, a big guard in the mode Phil Jackson has always preferred, is expected to draw interest from the Lakers as a potential backcourt partner to Kobe Bryant.

    The Mavericks, Houston Rockets, San Antonio Spurs and Miami Heat are among the playoff contenders expected to pursue Van Exel, a former All-Star who has said in the past that he hopes to finish his career with a team in Texas -- and a team with title aspirations.

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  2. #2
    White and Nerdy Anthem's Avatar
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    Default Re: Portland uses amnesty clause on Anderson, waives Van Exel

    No surprise there.
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  3. #3
    Administrator Unclebuck's Avatar
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    Default Re: Portland uses amnesty clause on Anderson, waives Van Exel

    Oops, yes I can read

  4. #4
    Go Colts! Shade's Avatar
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    Default Re: Portland uses amnesty clause on Anderson, waives Van Exel

    I'm really surprised Portland couldn't find a taker for Van Exel. Would have been an automatic $12M off of someone's payroll.

  5. #5
    Go Colts! Shade's Avatar
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    Default Re: Portland uses amnesty clause on Anderson, waives Van Exel

    Now watch Van Exel sign with the Heat.

  6. #6
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    Default Re: Portland uses amnesty clause on Anderson, waives Van Exel

    Quote Originally Posted by Shade
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    Now watch Van Exel sign with the Heat.
    I'll be shocked if he doesn't end up with Houston.

    Unless some other team steps in like Memphis did with Stoudamire.

  7. #7

    Default Re: Portland uses amnesty clause on Anderson, waives Van Exel

    I think most teams will wait and see whats available on 8/15 to get a list. Portland had a team option on VanExels contract so anyone that signs him it will have to come off the MLE or Salary cap. Anderson can sign for the biggest offer which will knock out most teams due to salary cap. Look for Anderson to go to Atlanta,NO, Charlotte someone who has money to spend. He could get 4 million + from one of these teams or play for nothing to win a title.
    "He wanted to get to that money time. Time when the hardware was on the table. That's when Roger was going to show up. So all we needed to do was stay close"
    Darnell Hillman (Speaking of former teammate Roger Brown)

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