By releasing Elton Brand, the Sixers were able to sign free agent guard, Nick Young and re-sign center Spencer Hawes.
Brand will still collect the full $18 million that the Sixers owe him next season, but he will first be offered to teams under the salary cap through the waiver process, with under-the-cap teams able to lodge bids for him.
In Twitter fashion, Lou Williams tweeted that he is OUT
