The amnesty clause was revamped after the new Collective Bargaining Agreement was signed this past fall.
With the new amnesty clause, teams are now allowed to waive one player during the span of the new CBA without having to be liable for the salary cap hit. The team must still pay the player, but the bad contract will essentially come off the books in terms of the team's cap room.
In the past, only the luxury tax would come off the books.
Six teams have already used their amnesty clause, and they won't have the right to use it again until the new CBA expires in 2016.
That being said, there are plenty of teams with some contracts that they would love to get rid of in order to pursue other free agents this summer. Although not every team will use their amnesty clause this offseason, here are the most likely players that will get amnestied this summer.