The Bucks have used their amnesty provision on Drew Gooden, the organization announced today via the team Twitter account. Gooden was rumored to be on the block for much of the winter, so it's no surprise that the Bucks amnestied the former Kansas star, who had two years and more than $13MM remaining on his contact.
Gooden signed a five-year, $32MM deal with Milwaukee before the 2010/11 season but appeared in only 16 games with the team last year, as the Bucks went young on the front line. He had arguably his best season as pro in Milwaukee in 2011/12, averaging 13.7 points and 6.5 rebounds in 26.2 minutes per game, which added up to a PER of 18.88.
Gooden, an 11-year veteran whose been traded five times, will now enter the amnesty waiver process, where teams with cap room can put in a claim for him over the next 48 hours. If no team bids, he will become an unrestricted free agent. According to Grantland's Zach Lowe, the move frees up $8-9MM of cap space for Milwaukee while keeping the cap hold for Brandon Jennings on the books (Twitter link). This assumes the Bucks don't re-sign Samuel Dalembert.