HoopsHype Buyout rumors

February 26, 2014 Updates

Newly acquired Danny Granger and the Philadelphia 76ers continue to discuss a possible buyout, according to sources close to the process. Sources told ESPN.com on Tuesday that a buyout consummated before Saturday's midnight deadline for Granger to be waived and remain eligible to appear in this season's playoffs with any team he subsequently signs for remains the most likely outcome. ESPN.com

But sources also said Granger continues to weigh other options, including staying with the 76ers for the rest of the season, as the deadline draws near. Sources said Tuesday the San Antonio Spurs and Granger share a mutual interest if the former All-Star comes to a buyout agreement with the Sixers by the weekend. ESPN.com

Sources told ESPN.com that Wisconsin native Butler, who is earning $8 million this season on an expiring contract with his home-state Bucks, is on course to be released by Milwaukee on Wednesday and thus clear waivers Friday, well in advance of the Saturday midnight deadline by which time he must be set free to be eligible to play in the playoffs with another team. ESPN.com

There was a growing sense in NBA front-office circles Tuesday night that Butler is likely to land with Miami, which would potentially leave the San Antonio Spurs and Los Angeles Clippers to battle over former Indiana swingman Danny Granger if Granger goes through with a buyout in Philadelphia. ESPN.com

The Sacramento Kings are expected to sign shooting guard Orlando Johnson on Wednesday, once they complete a buyout of Jimmer Fredette, two sources tell News10. Fredette and the Kings were still negotiating a buyout on to release the former BYU star on Tuesday evening. Kings head coach Michael Malone said before Tuesday's game against the Houston Rockets that Fredette and the team will likely part ways on Wednesday. news10.net

February 25, 2014 Updates

The Sacramento Kings and guard Jimmer Fredette are finalizing a buyout agreement on his contract, league sources told Yahoo Sports. Fredette, the 10th overall pick in the 2011 NBA draft, will be a free agent should he clear NBA waivers. Yahoo! Sports

Nevertheless, he has struggled to find his niche with the Kings. Still, there are expected to be several teams with interest in signing him for the rest of the season, league sources said. Fredette, 25, has averaged 5.9 points per game for the Kings this season – and seven in his three-year NBA career. Yahoo! Sports

Granger wants to play for an NBA championship contender, according to sources. And there's a belief the Sixers will negotiate a buyout of what's left of his expiring contract (about $4 million) to accommodate the former all-star. He must be on a postseason-bound team's roster by Saturday in order play in the playoffs. Philadelphia Inquirer

In all probability, the Sixers are trying to find another team willing to pick up a hefty portion of Granger's buyout, so they can make him a free agent and, as Buddy Ryan used to say, "Allow him to get on with his life's work elsewhere." If Hinkie could find a way to get a second-round pick out of it, that would be great, too, but the NBA frowns on teams' making trades after the trade deadline, so the eventual relocation of Danny Granger will be entirely cash-and-carry. Philadelphia Inquirer

February 23, 2014 Updates

Figuring out how much to leave on the table from his current deal which has two years and $20.2 million remaining after this season, would not be easy. Even if it were, Wallace says he would still stick it out with the Green team. "My mom said never complain about the situation you're in," Wallace told CSNNE.com. "You can't control it. It's nothing I can do about it. I just have to take it in stride and move forward. My focus is on helping these guys become better players, help them build, help them understand what it takes to have a successful career in the NBA." CSNNE.com

Going from title contender (Indiana) to playing for one of the worst teams in the Association (Philadelphia), a buyout will certainly continue to be a hot topic of discussion. "That ain't my thing," Wallace said when asked about buyouts. "My thing is wherever I'm at, I'm gonna play and make the best of the situation and hopefully something changes or something. If not, I'm satisfied with the situation that I'm in." CSNNE.com

February 22, 2014 Updates

Is it likely the Sixers simply buy out the remainder of Granger’s contract? “There’s a chance for us to have a discussion,” Hinkie said. “How that goes, I don’t exactly know, because he hasn’t come. But we’re organizing a flight for him to be here soon.” Courier-Post

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