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Wizards buy out Mike Bibby; Headed to Heat?

Posted on: February 28, 2011 3:42 pm
Edited on: February 28, 2011 3:48 pm
 
The Washington Wizards have reportedly bought out point guard Mike Bibby and he could be headed to the Miami Heat. Posted by Ben Golliver. mike-bibby-wash

Last week, the Washington Wizards traded point guard Kirk Hinrich to the Atlanta Hawks in a five-player deal that brought back point guard veteran Mike Bibby. Monday morning, we noted that the Wizards were getting close to buying out Bibby.

Monday afternoon, Yahoo! Sports and ESPN.com both reported that the Wizards completed their buyout of Bibby. Yahoo! Sports reported that the agreement included a big-time concession from Bibby: "Guard Mike Bibby agreed to give up entire $6.2 million salary for the '11-'12 season to get buyout with Wiz to play for winner, source says."

The Washington Post reported that "Portland, Miami, Boston, San Antonio, the Los Angeles Lakers and possibly Denver are believed to have interest" in signing Bibby once he clears waivers.

Sam Amick reports, however, that the Heat are the leader in the clubhouse. 
Mike Bibby, who will reportedly reach a buyout with Wash. and give back more than $6 million for next season, intends to sign with Miami. He has to clear waivers first and there's the standard disclaimer that something could go awry, but his intent is to join the Heat. For protocol's sake, I obviously have a source. Just ran out of characters. In case that wasn't clear.
Bibby is a playoff-tested point guard who is averaging 9.1 points and 3.6 assists in 29.4 minutes per game this season. While he's no spring chicken, he's an upgrade over Mario Chalmers and Carlos Arroyo, Miami's two current options at the point. 

The Palm Beach Post says the Heat should make a run at Bibby.
He’d start here immediately. And his brother-in-law, Eddie House, is on the team. He’s not close to what he was as a defender, and his assist totals have been modest the past few seasons. But he was shooting a career-high 44 percent from three. He’s played in plenty of close and critical games, first with Sacramento and then with Atlanta. And, as was evident late in the loss to the Knicks (when New York could leave it to Chauncey Billups to take control), the Heat desperately needs another cool hand on the floor with LeBron James and Dwyane Wade, both of whom tend to force the action.
While this could turn out to be a great get for the Heat, the trade and buyout is already a definite positive for the Wizards, who were quietly one of the big winners of the trade deadline. Not only did they get out of Hinrich's $9 million contract this year and $8 million contract next year, they reportedly save $6.2 million of future money to Bibby, got a young prospect in Jordan Crawford and added a draft pick too. For a team that needs maximum flexibility and youth so it can build around franchise point guard John Wall, that's a pretty nice haul.
Comments

Since: Sep 17, 2008
Posted on: February 28, 2011 4:28 pm
 

Wizards buy out Mike Bibby; Headed to Heat?

@AES
Life isn't fair, get over it. The Wizards have no need for Bibby, let alone the money they would have owed him. What does it matter that it was their intent? Jordan Crawford and an extra first round pick was plenty for the amount of Cap the Wizards shed for their increase in options to better the team. 



Since: Apr 11, 2007
Posted on: February 28, 2011 4:19 pm
 

Wizards buy out Mike Bibby; Headed to Heat?

not really sure how wanting to win a ring is garbage? free agents get to choose where they go. if you were a point guard and in the last few years of your career, would you want to play for the wizards, nets, cavaliers or minnesota? no, you would not. you would want to go somewhere that you would have a legitimate chance of winning. small market teams can win, but they have bad owners. the cavs had lebron for years and did not bring in much to help him. jordan even had pippen and a great supporting cast. no superstar can win you a championship without other good players. i do not see anything wrong with mike bibby wanting to play with the heat.



Since: Sep 5, 2006
Posted on: February 28, 2011 4:06 pm
 

Wizards buy out Mike Bibby; Headed to Heat?

How is this fair? The Heat built a flawed roster by neglecting to add a PG and now might get bailed out because the Wizards are busy slashing salary. They essentially traded Hinrich for absolutely nothing. And these are the same owners that cry about competitive balance? The same owners that cry about players manipulating the system? That's beautiful. I guess it's OK for the owners to manipulate the system and put on fronts for the fans. How is balance restored when cheapskate owners greenlight trades like this? Washington made this trade for the sole purpose of buying Bibby out and getting rid of his salary for next season. Now he's free to scamper off to Miami with the rest of the vultures chasing rings. Perfect. **** the NBA. This is garbage.


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