The Lakers will reportedly waive Metta World Peace via the amnesty provision. (Cameron Browne/Getty Images)
The Los Angeles Lakers will cut forward Metta World Peace using their amnesty provision, the Orange County Register's Kevin Ding reported Monday.
The move will provide the Lakers with about $30 million in salary and luxury tax savings, according to Ding. World Peace is owed about $7.7 million next season, the last on an expiring contract.
The 33-year-old World Peace averaged 12.4 points, 5.0 rebounds and 1.5 assists per game last season in 33.7 minutes. He underwent meniscus surgery late in the season. He returned in time for the Lakers' playoff series against the San Antonio Spurs, but clearly was not the same player. He sat out Game 4 of that series and watched the Lakers get swept in a 21-point loss.
World Peace leaves undoubtedly in part as a result of the Lakers missing out on the Dwight Howard sweepstakes in free agency. Without World Peace, the Lakers have a significant void to fill at the small forward position.
Before the Lakers' tumultuous season, World Peace said that he wanted the team to go 73-9.
World Peace has spent the last four seasons with the Lakers, helping the team win the 2010 NBA championship.