Mavs win bid to get Elton Brand, let go by 76ers

By: Associated Press

Updated: Fri 6:30 PM, Jul 13, 2012

DALLAS, TX -- The Dallas Mavericks have won the bidding to obtain Elton Brand off waivers.

The Mavericks said Friday that they had been awarded Brand.

The Philadelphia 76ers used the one-time amnesty provision in the new CBA to let Brand go and not have the $18.1 million he is owed in the final season of his five-year deal count against their salary cap or luxury tax. Brand will still get that full amount, with Philadelphia paying any difference.

The winning bid wasn't revealed by the Mavericks. ESPN, citing anonymous sources, reported it was $2.1 million.

Any team under the salary cap was eligible to bid for Brand.

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