Baron Davis waived by Cleveland Cavaliers

The Cavaliers have waived veteran point guard Baron Davis, using the NBA's new "amnesty clause" to clear space under the salary cap.

Davis, acquired in a trade last season from the Los Angeles Clippers, is now a free agent. He will be paid $28 million owed over the next two seasons. His release had been expected since training camp opened. The 32-year-old has not been able to practice because of a bulging back disc.

The injury had no impact on the Cavs' decision to release Davis. With Davis gone, coach Byron Scott can now turn his offense over to rookie Kyrie Irving, the No. 1 overall draft pick.

General manager Chris Grant has thanked Davis for his contributions to the team and called him an "absolute professional."