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Mavs use amnesty clause, waive Finley

Updated: August 16, 2005, 11:25 AM ET
ESPN.com news services

DALLAS -- Michael Finley was waived late Monday night by the Dallas Mavericks, who took advantage of a one-time amnesty provision that will allow them to avoid luxury taxes on the $51.8 million owed their captain over the next three seasons.

The Mavs spent all day Monday exploring trade options, and waited until just before the late-night deadline to release Finley and take advantage of the provision in the NBA's new labor agreement.

Finley becomes an unrestricted free agent and ...

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