HoopsHype Larry Sanders rumors

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February 21, 2015 Updates
February 19, 2015 Updates

Representatives for Sanders and the Milwaukee Bucks are negotiating a buyout of the remainder of his four-year, $44 million contract, a deal that has three-plus years remaining. But the buyout had not been made final as of late Wednesday night and exact numbers were unavailable. Several published reports indicated the Bucks could save approximately half the $33 million they owe Sanders over the next three seasons. Milwaukee Journal-Sentinel

Representatives for Sanders and the Milwaukee Bucks are negotiating a buyout of the remainder of his four-year, $44 million contract, a deal that has three-plus years remaining. But the buyout had not been made final as of late Wednesday night and exact numbers were unavailable. Milwaukee Journal-Sentinel

The Bucks are expected to use a stretch provision in the collective bargaining agreement to reduce their salary cap hit over the next seven seasons, through 2022. The agreement allows a team to stretch the cap hit over double the amount of years left on the contract, plus one year. "It's hour by hour," Bucks coach Jason Kidd said of the Sanders situation after the team's practice session Wednesday night. "I haven't talked to him. We don't know which way this thing is going right now." Milwaukee Journal-Sentinel

February 18, 2015 Updates

The Milwaukee Bucks are nearing an agreement on a buyout with big man Larry Sanders, league sources told ESPN. The Bucks and Sanders, according to sources, are on course to officially part ways by week's end. Sanders likely will receive nearly half of the $33 million left on his contract after this season spread out over the next several years via the league's stretch provision. ESPN.com

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