Breaking News: Brendan Haywood signs with Charlotte Bobcats

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How is Breaking News: Brendan Haywood signs with Charlotte Bobcats

Breaking News: Brendan Haywood signs with Charlotte Bobcats Video Clips. Duration : 1.43 Mins.

We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Caplans Auction . Former North Carolina center Brendan Haywood has been claimed by the Charlotte Bobcats, according to sources with knowledge of the move. Haywood Now Carolina-Bound After a mixed tenure with the Mavericks in Dallas, Brendan Haywood now heads back to North Carolina as the newest member of the Charlotte Bobcats, writes Jeff Caplan. Blog NBA teams were notified at 5 pm Saturday the Bobcats had lodged the winning bid in a blind auction to claim Haywood, who was released Thursday by the Dallas Mavericks via the one-time amnesty clause. NBA.com reported the Bobcats' winning bid was just more than million, which means Dallas must pay roughly .3 million of Haywood's .3 million salary in 2012-13. Releasing Haywood via amnesty wiped the .2 million he's owed over the next three seasons off the Mavericks' books for salary-cap and luxury-tax purposes. The Bobcats now will assume more than million of that financial obligation. Haywood played as a teammate in Washington alongside Charlotte owner Michael Jordan. Only teams under the salary cap can bid on players waived via the amnesty clause. The waiver process takes 48 hours, with players released via amnesty gaining unrestricted free agency if they go unclaimed. That provision made Darko Milicic an unrestricted free agent Saturday. The No. 2 overall pick behind LeBron James in the 2003 draft -- amnestied Thursday by the Minnesota Timberwolves -- cleared waivers. NBA Free Agency NBA free agency is under way, and ESPN.com has ...

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