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Clippers not guaranteeing Eric Gordon's $21M deal next season, sources say - ESPN

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The LA Clippers waived guard Eric Gordon on Wednesday night in a move that will save them over $100 million on their projected tax bill.

The Clippers decided not to guarantee Gordon's $21 million contract before Thursday's deadline, sources told ESPN's Adrian Wojnarowski.

According to ESPN's Bobby Marks, the Clippers will drop their projected tax bill from $169 million to $59 million. The team is $18 million over the $165 million tax threshold. • Lastest free agency buzz and news • Pelton: Best available free agents • Marks: Cap space for all 30 teams • Explaining big changes in new CBA • Grading every offseason trade • Every free agent | Draft assets The Clippers traded Luke Kennard, John Wall and a protected pick swap for Gordon and three future second-round picks at this year's February trade deadline.

Kennard led the league in 3-point shooting percentage for the second straight season, but the Clippers valued Gordon for the veteran's ability to stretch the floor, defend bigger guards and his ability to attack the rim.

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