Back in 2005, NBA teams received luxury-tax relief as a result of the amnesty clause, but the "Allan Houston Rule" may help teams reap even bigger benefits this time around.
Previously, amnesty players only provided teams with luxury-tax relief, but in the new CBA—should we ever see one—it is believed that 75 percent of any payroll a team sheds as a result, will not count against their salary cap.
Additionally, there is also the possibility of teams getting to pocket the amnesty clause, saving it for a later date and making it a longer-term decision rather than a one-time opportunity.
Needless to say, this clause is huge for teams that have regrettable contracts on their payroll, as it gives them an out, with far-fewer repercussions than before.
While it is extremely beneficial for teams looking to shed some payroll/create some much-needed cap space, it is also useful for teams looking to add some depth to their roster on the cheap. Not all of the potential amnesty casualties are incapable; rather they are just overpaid.
The amnesty clause means that certain players will be forced out of their current homes. For some of these players, though, it is also an opportunity to find new digs, along with a more meaningful purpose.