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Since the Wiz had no interest in waiving him, Mike James is trying to get buyout completed today....
Since the Wiz had no interest in waiving him, Mike James is trying to get buyout completed today. It won't come close to Z's $1.5m payback.
— Michael Lee.
UPDATE: The buyout has been completed. That was quick.
UPDATE by Rook6980: And the official announcement by the Wizards.
Update: From Michael Lee. Mike James may have been able to reach a buy out for as little as $150K. The team seemed to be pretty accommodating to Mike, considering the Ilgauskas payment.
