HoopsHype.com Rumors

Joseph Goodman: Mike #Bibby's agent, David Falk, tells the Herald that options remain open: #Heat, #Celtics, #Lakers, #Spurs and #Blazers. Twitter

Boston Celtics, Los Angeles Lakers, Miami Heat, Portland Trail Blazers, San Antonio Spurs, Free Agency, Mike Bibby 

Joseph Goodman: Falk on #Bibby: "Miami would be a great situation" but also Boston, others. Cautions that everything is "really speculative at this point." Twitter

Boston Celtics, Miami Heat, Free Agency, Mike Bibby 

Joseph Goodman: David Falk, Mike #Bibby's agent: "He wants to go to a team with the best shot to win and make an impact." Twitter

Free Agency, Mike Bibby 

A pair of independent sources have confirmed to the Sun Sentinel that veteran point guard Mike Bibby plans to sign with the Miami Heat in the wake of Monday's buyout from the Washington Wizards. Bibby, acquired last week from the Atlanta Hawks at the NBA trading deadline, agreed, according to multiple reports, to bypass his $6.2 million 2011-12 salary from the Wizards in order to move to a contender. South Florida Sun-Sentinel

Miami Heat, Mike Bibby 

To accommodate Bibby and Murphy, the Heat would have to waive two players. While veteran power forward Juwan Howard stood as a player likely to be released, he is represented by David Falk, who also represents Bibby, and an accommodation may have been negotiated to make sure he is safe on the roster. South Florida Sun-Sentinel

Miami Heat, Troy Murphy, David Falk, Juwan Howard, Mike Bibby 

Chris Mannix: Mike Bibby giving up $6 mill next year to get out of Washington not as surprising as you think. Says an exec, "Can't make it in a lockout." Twitter

Washington Wizards, Mike Bibby 

Brian Windhorst: With several teams chasing Bibby (esp. Portland) it wouldn't be a surprise if Heat promised Bibby he'll eventually be the starter at PG. Twitter

Miami Heat, Portland Trail Blazers, Mike Bibby 

Chris Tomasson: One agent called it "crazy'' Mike Bibby giving up all $6.2 million salary for next year. Said he's a minimum player so would lose $5 mil. Twitter

Washington Wizards, Mike Bibby 

David Aldridge: The fact that Mike Bibby (agent: Falk) walked away from $6M next year adds to my skepticism that the NBA will avoid a lockout. #upinsmoke Twitter

Washington Wizards, CBA, Lockout, NBPA, Mike Bibby 

Sam Amick: 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. Twitter

Miami Heat, Mike Bibby 

Bibby is eager to sign with a title-contending team after clearing waivers, and sources say the Los Angeles Lakers, Boston Celtics, Miami Heat and Portland Trail Blazers are interested in him. Bibby will clear waivers on Wednesday. While Falk said Bibby has not made a decision yet about which team he will join, one source close to the situation said he's headed to Miami. ESPN.com

Miami Heat, Mike Bibby 

Who is going to be the biggest name to be bought out and where are they heading? Chris Sheridan: Colleague Marc Stein has already reported the buyout news for the biggest name out there, Troy Murphy, and the next guy to watch for is Mike Bibby, who would move into the starting job and who can hit 3s (unlike C.Arroyo and M.Chalmers, the players Miami has used there to date). Rasual Butler got waived today by the Clippers, and shooters are always in demand. ESPN.com

Free Agency, Troy Murphy, Rasual Butler, Mike Bibby 

NBA Source: Wizards set Bibby Free. Will buy out remainder of Mike Bibby's contract today. Twitter

Washington Wizards, Mike Bibby 

Marc J. Spears: 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. Twitter

Washington Wizards, Mike Bibby 

Chris Broussard: Wiz just completed buyout with Mike Bibby, sources say Twitter

Washington Wizards, Mike Bibby 

The Wizards are close to completing a buyout for point guard Mike Bibby, according to a league source. Bibby's agent, David Falk, is currently speaking with Wizards President Ernie Grunfeld to get a deal finalized. But the source said that Falk is also looking for a possible destination for Bibby. Portland, Miami, Boston and possibly Denver are believed to have interest in the 32-year-old Bibby, whom the Wizards acquired from Atlanta in a trade involving Kirk Hinrich. Bibby is owed more than $6 million next season. Washington Post

Boston Celtics, Denver Nuggets, Miami Heat, Portland Trail Blazers, Washington Wizards, Mike Bibby 

At the morning shootaround, Coach Flip Saunders wasn't sure about Bibby's availability for Monday's game against the Chicago Bulls. "I haven't really talked to Ernie about that. I don't know," he said. "Right now, I'm assuming he's going to be here." Washington Post

Washington Wizards, Mike Bibby, Flip Saunders 

Alex Kennedy: "He just wants to go to a playoff team and play," said one source. When asked how much Bibby had to give up in buyout, source said, "A lot!" Twitter

Washington Wizards, Mike Bibby 

Mustafa Shakur, who recently completed his second 10-day contract, would likely be signed for the rest of the season to replace Bibby. Washington Post

Washington Wizards, Mike Bibby, Mustafa Shakur 

According to a person with knowledge of the situation, Bibby's agent, David Falk, plans to meet with Wizards President Ernie Grunfeld on Monday to discuss a possible buyout. The person requested anonymity because of the sensitivity of the negotiations. Washington Post

Washington Wizards, David Falk, Ernie Grunfeld, Mike Bibby