The Toronto Raptors announced on Tuesday evening they have used the team’s amnesty provision to waive forward Linas Kleiza. He was originally signed to an offer sheet for $18.8 million over 4 years by the Raptors as a restricted free agent on July 8, 2010. The Denver Nuggets declined to match.
Kleiza only appeared in 108 games for the Raptors over three seasons as a knee injury suffered during his first preseason with the team would eventually require surgery. The big small forward would never regain the form he had shown with the Nuggets over his first four years in the NBA or the elite level of play witnessed while playing for the Lithuanian National team immediately before joining the Raptors.
“We thank Linas for his contributions as a Raptor and wish him all the best,” said Raptors President and General Manager, Basketball Operations Masai Ujiri.
Kleiza will earn $4.6 million this season, however, the Raptors do not have to include his salary for either Luxury Tax or Salary Cap purposes. This move will put the Raptors approximately $3 million below the threshold for the NBA’s Luxuxy Tax.