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Sherron Collins to be signed and Erick Dampier to be waived?

All this via AP sports writer Mike Cranston's Twitter.

Hearing the Bobcats are leaning on waiving Erick Dampier to clear his $13 million from the cap. Trade would be difficult to pull off.

Bobcats have signed G Sherron Collins. Undrafted rookie looked good in summer league. Will help PG depth

Collins deal with Bobcats is for 2 years. Not guaranteed. Has two triggers though, before Jan, that would make it guaranteed if on roster

Yikes.

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