NEW YORK, NY - NOVEMBER 14: Chauncey Billups, Carmelo Anthony, and Derek Fisher, President of the National Basketball Players Association, listen as Billy Hunter, Executive Director of the National Basketball Players Association speaks at a press conference after National Basketball Players Association met to discuss the current CBA offer at Westin Times Square on November 14, 2011 in New York City. (Photo by Patrick McDermott/Getty Images)

Clippers Place Winning Amnesty Bid On Chauncey Billups

Chauncey Billups was officially waived by the New York Knicks on Saturday. On Monday, the L.A. Clippers won his rights by way of an amnesty bid.

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Clippers Land Chauncey Billups With Winning Amnesty Bid

The Los Angeles Clippers offered the winning bid in the amnesty auction for Chauncey Billups. Yahoo!'s Adrian Wojnarowski first reported the news; ESPN's Marc Stein later reported that all 30 teams were notified of the Clippers' winning bid just after Billups' waivers were set to expire at 6 p.m. ET.

The New York Knicks placed Billups on amnesty waivers on Saturday to make room for a Tyson Chandler sign-and-trade deal. Billups was reportedly angered; he and his agent Andy Miller made it clear that they were not happy with the situation, and the veteran guard threatened retirement if any team picked him up off of waivers. If he had cleared waivers, he could have become an unrestricted free agent. The Miami Heat were said to be pushing hard for him.

The Clippers, who reportedly abandoned the Chris Paul chase on Monday, have Mo Williams and Eric Bledsoe at point guard. We shall soon see if Billups was bluffing about retirement.

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NBA Rumors: Chauncey Billups Could Be Claimed Off Of Amnesty Waivers By Bobcats, According To Report

Chauncey Billups will clear amnesty waivers at 6 p.m. ET on Monday, provided no teams under the salary cap make a bid to take over a portion of his 2011-12 contract. ESPN's Marc Stein reports that the Charlotte Bobcats are indeed considering such a bid.

The Bobcats have about $10 million in cap space, having made only minor moves since the NBA lockout was lifted on Friday. Billups was waived under the amnesty clause by the New York Knicks on Saturday so that the team could acquire Tyson Chandler in a sign-and-trade deal with the Dallas Mavericks. (The Knicks also lost Andy Rautins and Ronny Turiaf in the move.)

The Bobcats have two young point guards in D.J. Augustin and rookie Kemba Walker. Billups could be a good mentor for the pair, but he seems far more interested in becoming a free agent and signing with a new team, perhaps the Miami Heat.

For more on the Bobcats, visit Rufus On Fire.

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Tyson Chandler Deal With Knicks Will Be Finalized, According To Report; Chauncey Billups To Be Waived

Tyson Chandler will indeed sign a free agent contract with the New York Knicks on Friday, reports Howard Beck of the New York Times. Beck reports that to make space under the salary cap for Chandler, the Knicks will waive Chauncey Billups under the amnesty clause ratified as a part of the new collective bargaining agreement.

The Knicks will also trade center Ronny Turiaf to an unnamed team.

Chandler helped the Dallas Mavericks win the NBA championship last season, and has spent time with the Chicago Bulls, New Orleans Hornets and Charlotte Bobcats. The Knicks were believed to be skipping the 2011 free agent period to save room for the 2012 class, which includes coveted point guard Chris Paul and center Dwight Howard. Apparently, that has gone out of the window; there's no way that the Knicks can fit anything close to another star player under the salary cap without trading Carmelo Anthony or Amar'e Stoudemire or said star taking an incredible haircut.

For more on the Knicks, visit Posting And Toasting.

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