buyout

As Kyle Neubeck of Philly Voice first reported on Tuesday, the Philadelphia 76ers have declined their fourth-year option on Jahlil Okafor, setting him up for unrestricted free agency this summer. The move isn’t surprising in a vacuum. The Sixers don’t have room for Okafor with Joel Embiid, Ben Simmons and Dario Saric up front. Richaun [...]

We all knew Dwyane Wade wouldn’t be a Chicago Bull too much longer, it made little sense for the 35-year-old veteran to play and act as the centerpiece for a team in the midst of a massive rebuild. Wade and the Bulls agreed to a buyout for the final year and $23.8 million of his [...]

Standing pat at the NBA trade deadline is working out pretty well for the Cleveland Cavaliers. They are going to land Deron Williams, who has parted ways with the Dallas Mavericks, and now they’re the favorites to sign Andrew Bogut, provided he reaches a buyout agreement with the Philadelphia 76ers. From ESPN.com’s Tim MacMahon and [...]

Former #1 overall pick in the 2006 draft Andrea Bargnani’s NBA shelf life has effectively expired. He was bought out by the Nets in February and has not been offered a deal by another NBA team since. Sensing he can no longer draw interest in the league, Bargnani has agreed to play for Saski Baskonia [...]

The NBA’s post-trade-deadline buyout market is about to get a lot more interesting. We have already seen Anderson Varejao sign with the Golden State Warriors, and it’s only a matter of time before Joe Johnson joins the Cleveland Cavaliers or Oklahoma City Thunder or some other contender in need of depth on the wings. Speaking [...]

The Brooklyn Nets and Joe Johnson have worked out a buyout agreement, and the veteran guard has effectively been waived by the team. These talks have reportedly been going on between the two recently and finally came to fruition. Johnson’s release continues the process of getting rid of the former core of the team, as [...]

March 19, 2012 – The Hoop Doctors We knew the Lakers were going to upgrade their PG position and that Derek Fisher was probably going to be that sacrificial lamb. As you know, he was dealt to Houston and apparently didn’t like that as a landing spot… has reached a buyout agreement with the Houston [...]

June 20, 2011 – The Hoop Doctors Having just turned 34 last season, Vince Carter is still effective but not what he used to be. The Suns are reportedly preparing to buy him out either on draft day or close to it as they are trying to get younger. Maybe a team like Chicago could use [...]