Posted by Sabrina B. @gametimegirl
Mike Bibby and the Washington Wizards have agreed to terms on a buyout, according to league sources.
In a stunning move, Bibby, whom the Wizards acquired from Atlanta last week in a trade for Kirk Hinrich, gave up his entire salary for next season, sources said. The 32-year-old point guard had one year and $6.2 million left on his deal.
Bibby is eager to sign with a title-contending team after clearing waivers, and sources say the Boston Celtics, Miami Heat and Portland Trail Blazers are interested in him.
For Washington, the deal is a sweetheart one that will knock next season’s payroll down to roughly $38 million, which is $20 million below the current salary cap.
covers the NBA for ESPN The Magazine.
Follow Chris Broussard on Twitter: @chris_broussard
