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Milwaukee waive Spencer Hawes to avoid luxury-tax

In order to maneuver below the luxury-tax threshold, the Milwaukee Bucks waived 7-footer Spencer Hawes. The Bucks can use the stretch provision to unfold the balance of Hawes' $6.2 million earnings this season over 3 years, economical the franchise the total salary-cap hit this year. Hawes, 29, was listed to Milwaukee during

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