Lakers Release Metta World Peace Through the Amnesty Clause: NBA News at YouWager

Metta World Peace leaves the Los Angeles Lakers after being waived via the amnesty clause. The NBA luxury tax-cutting measure will mean approximately $14 million in savings for the team.

YouWager has learned that the L.A. team still has to pay the player formerly known as Ronald Williams Artest Jr. his $7.7 million salary for next season, however he is now on the market and teams with cap room can claim him off waivers via a bidding process.

According to a close source the veteran small forward would consider retirement if a team claimed him from a city for which he did not want to play. The source also added that World Peace would be open to playing for the Clippers, but if he can’t stay in Los Angeles, he would want to play only in New York, his hometown.

World Peace wrote on his Twitter account shortly after the Lakers made the announcement and thanks Lakers general manager Mitch Kupchak for calling him first with the news and then having some fun with where his next destination might be.

The 33 year old player is coming off a resurgent season even with the many difficulties the team has faced. The Queens native averaged 12.4 points (up from 7.7 in 2011-12) and 5.0 rebounds (up from 3.4) and improved his shooting percentages from the floor, the 3-point line and the foul line.

The NBA Champion underwent surgery to repair a torn meniscus in his left knee late in the season and was back on the court in just 12 days before ultimately missing the Lakers’ last game of a first-round playoff sweep by the San Antonio Spurs due to issues with the same knee.