The Oregonian's John Canzano reports that NBA owners are in favor of an amnesty program that will not only allow teams to waive a player to prevent paying luxury tax … but that will allow teams to wipe a player off of their cap sheet completely. (If you think that the league will eventually get its hard cap, this makes total sense. There won't be a luxury tax, and you'll always have to pay the waived player. So the only benefit of amnesty would be the cap savings.)

But the bigger impact will be in who becomes available due to the amnesty program.

When paired with a hard cap, the amnesty program could make teams act weird, and could throw the market into volatility. As a team with maximum flexibility, that can be a real boon. We'll see how it plays out. Eventually. Maybe.