True. I doubt the Clippers have renounced his rights. It'd make no sense to renounce a player's rights before signing anyone. For all the Clippers knew, Brand could get hurt or Davis could reneg and they'd be caught renouncing a player for no reason.
Renouncing typically happens on the same day the money is going to be spent. I'm willing to bet that Maggette wasn't renounced .... unless the Clippers are even dumber than I thought.

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