The Los Angeles Lakers are expected to use the NBA's amnesty clause on forward Metta World Peace in a move that will save the franchise around $21.5 million on the salary cap, according to Kevin Ding of the Orange County Register.
The soon-to-be 34-year-old World Peace was scheduled to earn $7.7 million for the upcoming season on a Lakers team that is still fighting to get under the luxury tax -- even after losing Dwight Howard in free agency to the Rockets.
World Peace, the basketball player formerly known as Ron Artest, has long been an outspoken and entertaining figure around the NBA. His play has waned in recent years, however, as World Peace averaged a paltry 12.4 points and five rebounds per game for the Lakers last season while shooting 40.3 percent from the field and 34.2 percent from three-point range.
The Lakers are suddenly barren on the wings with this move as they've already lost free agent forward Earl Clark to free agency and Kobe Bryant is still recovering from a torn Achilles tendon.
In other Lakers news, Los Angeles and center Chris Kaman agreed to terms of a one-year, $3.1 million deal on Monday.