The Lakers yesterday using the amnesty clause to waive Metta World Peace.
The Lakers will still have to pay Metta the 7.7 million bucks he's owed for this upcoming season, but under the amnesty provision, that salary won't be included in their salary cap figures…so the Lakers actually save 15 million bucks in luxury tax fees by making the move..
Among the responses World Peace said (or tweeted) yesterday is that he intends to retire and play hockey.
Officially he is on waivers and another team can claim him. He may end up a free agent, or maybe he really will retire! He's 33 years old and has been in the league for 14 years.He released this statement earlier this evening:
"I want to thank Dr. Buss and the entire Lakers organization for bringing me to Los Angeles. I want to thank my teammates, and all my California fans, for an incredible four years here in LA.
I got my first Championship ring with this first-class organization and I'm grateful I've had the opportunity to play here. To my fans - you are amazing, and I will always appreciate your passion and support. And I want to thank Jimmy Kimmel and George Lopez for all the laughs over these last four years!"
[Metta recently joined us for our Friday Night Sports Special with Sports Anchor Liz Habib. WATCH IT HERE. He also tried his hand at Weather with Meteorologist Pablo Pereira. CHECK OUT THE VIDEO ABOVE]
He averaged 12.4 points and 5.0 rebounds in 75 games last season, having joined the Lakers in 2009. The 33-year-old tore knee cartilage in March and clearly wasn't the same player afterward. He didn't play in the last game of San Antonio's four-game sweep of the Lakers in the first round.
The former Ron Artest legally changed his name during his tenure with the team. One of the highlights of his time with the Lakers was his clutch play in Game 7 of the 2010 NBA Finals, which helped them beat Boston for the franchise's 16th championship.
"It's tough to say goodbye to a player such as Metta, who has been a significant part of our team the past four seasons," Lakers general manager Mitch Kupchak said. "For anyone who's had the opportunity to get to know him, it's impossible not to love him."
Kobe Bryant wanted to keep him, tweeting earlier this week that he'd hold onto World Peace and try to make a run with the team the Lakers had.
A 14-year veteran, World Peace has also played for Houston, Sacramento, Indiana and Chicago during his career.
He won the league's citizenship award in 2011 for his off-court contributions.
World Peace tweeted thanks that Kupchak had called him first.
In a follow-up tweet, World Peace, well-known for kidding his followers on the social media site, wrote, "I'm going to play for Yao Mings team in china! I can't wait to arrive in Shanghai !!"
Former All-Star center Yao played for the Sharks before coming to the U.S. to play in the NBA and he and World Peace were teammates in Houston.
In another move, the Lakers signed free agent Nick Young, who starred at Southern California during his college career. The 6-foot-7 guard-forward averaged 10.6 points, 2.2 rebounds and 1.4 assists in 59 games for Philadelphia last season.
Young previously played in Los Angeles for the Clippers, and was with Washington during his six-year NBA career.