The New Jersey Nets have had a markedly uneventful free agent period, and Thursday's moves -- while necessary -- won't raise too many eyebrows. The Nets announced on Thursday that the team has waived Travis Outlaw under the amnesty provision, meaning the remainder of his contract will come off of the club's salary cap sheet. Outlaw signed what was widely considered a ridiculous five-year, $35 million contract with the Nets in July 2010. He did not impress with New Jersey in the 2010-11 season, to say the least.
The Nets also announced Outlaw's immediate replacement: Shawne Williams, who had a fine comeback season with the New York Knicks last season. The Knicks were looking to retain Williams once they lost out on Jamal Crawford (who choose a $5 million deal with the Portland Trail Blazers instead of New York's $2.5 million "room exception"). But the Nets swooped in and added the small forward, whose contributions are primarily of the shooting from the corners variety.
For more on the Nets, visit NetsDaily.