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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.