Clippers renounce rights to Livingston, four other players
Livingston, taken by Los Angeles as the fourth overall pick in the 2004 NBA draft, hasn't played since injuring his left knee in a game on Feb. 26, 2007.
The Clippers declined to give him a $5.8 million qualifying offer this summer.
According to the NBA collective bargaining agreement, a renounced player no longer counts toward team salary, so teams use renouncement to gain additional cap room. A team can still re-sign such a player, but the team must either have enough salary cap room to fit the salary, or sign the player using the minimum salary exception.
After renouncing a player, a team also can trade him in a sign-and-trade agreement.
Copyright 2008 by The Associated Press
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