The Charlotte Bobcats waived forward Tyrus Thomas today with the league’s amnesty provision, according to multiple reports. Thomas was due over $18 million through the 2015 season, which will be cleared from the team’s salary. The Bobcats waived him to make room for Al Jefferson’s three-year, $41 million contract.
Thomas, 26, was the fourth pick in the 2006 NBA Draft. He spent three seasons with the Chicago Bulls before being traded to the Bobcats in exchange for Acie Law, Vladimir Radmanovic and a future first round pick. Thomas was a valuable contributor in the Bobcats first and only playoff appearance. He was rewarded with five-year, $40 million contract from the Bobcats that offseason. Thomas underachieved to his contract and was viewed as an amnesty candidate heading into the offseason.
Teams under the salary cap will be able to bid on Thomas. If he is claimed, the Bobcats will only have to pay the difference in salary. If he’s not claimed, Thomas will become an unrestricted free agent and the Bobcats will pay the remainder of his contract. Thomas could be an attractive low-cost option for a team looking to add athleticism and depth to their frontcourt.