Let the mayhem begin.
By Monday at 6 p.m. ET, interested teams will have to submit sealed bids in the first-ever "amnesty auction" to determine who, if anyone, will get the rights to point guard Chauncey Billups. A similar process already unfolded for the amnesty-qualified but thoroughly unloved Gilbert Arenas; eventually, we will probably see this process repeated for a few more players, including San Antonio small forward Richard Jefferson, New Jersey small forward Travis Outlaw, Golden State guard Charlie Bell and Houston center Hasheem Thabeet.
We may see some stealth candidates emerge in the next week, too, as we're going to see a few "opportunistic amnesties" to create cap space or exceptions for a free-agent deal. Bell and Thabeet are examples of that; depending on what the Clippers do to woo Chris Paul, Mo Williams could be another.