Monday, April 9, 2012

Dallas Mavericks release Lamar Odom


Well, Lamar's stay here in Dallas didn't last long. There's always reality TV, I guess. Yahoo! reports:

According to ESPN.com's Marc Stein, an agreement reached Sunday allows the two sides to part company immediately, with the long-struggling Odom leaving Dallas for the remainder of the season without the defending NBA champs actually having to release him, and thus holding on to his rights.

"The Mavericks and I have mutually agreed that it's in the best interest of both parties for me to step away from the team," Odom said in a statement to ESPN.com. "I'm sorry that things didn't work out better for both of us, but I wish the Mavs' organization, my teammates and Dallas fans nothing but continued success in the defense of their championship." [...]

Sources said Monday that Odom's departure will be immediate and that the Mavericks intend to simply list him as inactive for the rest of the season instead of outright releasing him, leaving open the possibility that they could still trade him after the season in conjunction with the draft. Any team that has Odom on its roster as of June 29 must buy him out by that date for $2.4 million or otherwise accept responsibility for the full $8.2 million that Odom is scheduled to earn in 2012-13.

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