One year after signing Travis Outlaw, the New Jersey Nets have waived the small forward using the NBA's new amnesty clause, general manager Billy King announced on Thursday.
The amnesty clause allows teams to waive one player currently under contract and have that player's salary excluded from the team's salary cap number.
Outlaw signed a five-year, $35 million contract with New Jersey prior to last season, a deal that quickly proved itself to be troublesome when the 27-year old shot 37.5 percent from the field last year and started only three games after January.
The Nets had said the team would only waive Outlaw if it could find a suitable replacement, a goal the team must believe it reached by signing Shawne Williams on Thursday. Williams will make considerably less than Outlaw, freeing salary cap space and perhaps allowing the Nets to more aggressively pursue quality free agents after the season concludes.