Bonnell: Bobcats to waive Brevin Knight

[Dead_Real]

http://www.charlotte.com/bobcats/story/178702.html

The Charlotte Bobcats will waive veteran point guard Brevin Knight today in a move that will save the team about $2.5 million next season.

A source familiar with the situation told the Observer the Bobcats are exercising a buy-out clause in Knight's contract. The team will pay Knight about $1.5 million to avoid a salary in excess of $4 million that Knight would have received for the 2007-08 season.

I wonder who we have our eye on if we go threw with this maybe an undrafted PG Mustafa Shakur maybe? I remember all of the hype he had surrounding him last year.

[DaFlameking]

its about time brevin is leaving but instead of just waiving him, we might have a possibility to trade him for another PG. someone like i previously said who needs a veteran leader to guide them.

remember how sam cassell was a veteran and guided shawn livingston to be a much more better PG. just find a team with a young PG who needs help and make the trade for one of their backups

[jaxatax23]

[quote=eaton_branden1 ]
http://www.charlotte.com/bobcats/story/178702.html

The Charlotte Bobcats will waive veteran point guard Brevin Knight today in a move that will save the team about $2.5 million next season.

A source familiar with the situation told the Observer the Bobcats are exercising a buy-out clause in Knight's contract. The team will pay Knight about $1.5 million to avoid a salary in excess of $4 million that Knight would have received for the 2007-08 season.

I have a question...if we traded knight, would the other team have to pay him 2.5 or 4 mill next year.. i was confused by this quote...cuz if they would have to pay him 4 mill, theres no way we will find somebody to trade him to

[Mustachio]

if we traded him, he would have to be paid 4.4 mil next year by his new team and then become a free agent...

he would have to have a new contract set up before he was traded im sure. its probally just best to cut ties. I honestly think now more than ever... the bobcats are gonna go after Chauncey Billups. and i personally dont like that move as hes a tad overrated. we may just use to saved money to reup with Crash, but were gonna have to get another point guard in here cause we really only got one and half right now.

[ammofan]

Now we have to sign another PG. Maybe Earl Boykins or sign Mustafa Shakur. (I am surprised he was not drafted!)

[tamburello]

I have a question...if we traded knight, would the other team have to pay him 2.5 or 4 mill next year.. i was confused by this quote...cuz if they would have to pay him 4 mill, theres no way we will find somebody to trade him to

If we want to trade him, we have to "not waive" him. That means his contract continues as decided before as 4.2 millions. That buyout clause should expire at June 1. If we don't use it, I think it automatically resumes through next year. So the team would have to pay 4.2 millions. we have to decide it until Saturday night. If there is a team that wants Knight may offer us something. But I'm sure if any team is really interested in him, 4.2 millions should be bargain for them. And a contender might look at him seriously, because Knight might help them seriously as 2nd string PG.

[jcstone07]

I'm sort of glad b/c I love Felton

[tamburello]

It's now official, we've waived Knight.

[Dead_Real]

Is Boykins a FA?

[Dunk]

I thought he'd be useful to us even at $4M a year. I guess at this point Felton and Richardson are experienced enough. Carroll and Morrison can help out in spots if they have to and maybe we pick up a young FA or something for less $