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Around SBN: Bob Sapp Denies Throwing Fights

Mike Bibby gets bought out, leaves entire $6.2 million salary on table

The Wizards have said all along that Mike Bibby would really have to pay to get his freedom.  In the end, he did, big-time.  Marc Spears of Yahoo! Sports is reporting that Bibby was willing to waive his entire $6.2 million salary to get bought out from the Wizards.

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.    

That's relatively unprecedented in today's NBA.  The only players I can remember that were willing to sacrifice as much money from their existing contracts were Antonio McDyess in 2008 with the Nuggets to go back to Detroit ($6.8 million plus $800k for one more year) and Rasheed Wallace to retire after last year ($13 million over two years).  My understanding is that this means Bibby has been completely wiped away from the team's 2011/12 payroll, which means that Ernie Grunfeld also saved $6.2 million in the trade.  That makes the deal a whole lot better.  

I realize some get put off by the idea of a player asking to get let out of his contract, but if Bibby really didn't want to be here, then it's not worth keeping around with a bunch of young players if you can lower his cap figure.  As it turns out, the Wizards did that and a whole lot more.  So really, I can't get upset.  If anything, I'm happy at Bibby for opening up an additional $6.2 million in cap space next season.

UPDATE: The Wizards have signed Mustafa Shakur for the rest of the season, writes Michael Lee.  Also, for those asking, the Wizards' 2011/12 payroll is about $24.6 million for seven players, not including the qualifying offers for Nick Young, Yi Jianlian, Al Thornton, Cartier Martin and Hamady N'diaye. If the Wizards pick all those up, which is a necessity if they intend to use their rights to re-sign them, that will jump their payroll up to just under $40 millionAnd I'm dumb: the $40 million does not include the qualifying offers.  So it's $40 million before all of those.  It's impossible to know how much cap room the Wizards will have because of the new CBA coming into play.

UPDATE: The Wizards will still have a $1 million cap hit on Bibby's salary, according to Michael Lee.  

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That is big time...

I really gained a lot of respect for Mike Bibby.

He played hard for the two games he was here. He didn’t pout. He contributed.

And then, he was a man of his word. He wants a championship, and was willing to give up money for the opportunity to win. (It also likely means he has invested well).

Finally, he didn’t leave the Wizards young team or rebuild in a bind. As a matter or fact, he probably helped it.

Sam Cassell is a fine mentor. John Wall is the star. We just need someone to hold down the fort when he is out. We should be able to find that.

The 6.2 gives us so many new options. The NY debate just became more flexible because we can now overpay a little while not impacting opportunities at big name FAs.

Now the question is how do we get a big name like Randolph, West, or Love.

Or am I off in terms of the dollars?

Mike…Does this open up, make an offer someone can’t refuse type money?

Carrot time – Kudos to Ernie.

Now if he can deal Blatche and sign a 3 or 4 and draft the other…wow…get your tickets now…!!!

by DavidDunn on Feb 28, 2011 3:18 PM EST reply actions  

Me, too...

That is amazing…land’s sakes…

When you can balance a tack hammer on your head, you will head off your foes with a balanced attack.

Bullets Forever | Twitter

by Bullet Nation in Exile on Feb 28, 2011 3:21 PM EST up reply actions  

Hey!

Watch it with the “land’s sakes”, will ya? This is a family website.

by Stanicek on Feb 28, 2011 3:43 PM EST up reply actions   3 recs

What does land sakes mean?

"If you don't shoot, you can't score"
Johan Cruijff

" My psychiatrist just doesn't know what I go through. He is a Lakers fan" Hambonejackson

by Dutch Hoopfan on Feb 28, 2011 6:54 PM EST up reply actions   1 recs

Assuming this is a serious question

It’s about the most mild and inoffensive exclamation/oath one can make.

Getting buckets since 2003.

by Icantfeelmyface on Feb 28, 2011 10:23 PM EST up reply actions  

What about, 'Raspberries'

a la the Simpsons

When you can balance a tack hammer on your head, you will head off your foes with a balanced attack.

Bullets Forever | Twitter

by Bullet Nation in Exile on Mar 1, 2011 1:27 PM EST up reply actions  

No Randolph or West.

Randolph’s too old for a rebuild, and too much of a potential problem child. West isn’t much of an inside player – more of a jump shooter.

Can’t see the T-Wolves trading Love for any reason whatsoever.

by YellaFella on Feb 28, 2011 3:28 PM EST up reply actions  

Wow, that is just amazing

Either Bibby hates our team that much or he really wants to go for that one ring that badly..

Ernie at this point has done pretty much everything we wanted from a financial standpoint, and then some!

by thewiz06 on Feb 28, 2011 7:49 PM EST up reply actions  

I know they said the team would play hardball on this

but damn.

Ridiculous Upside, where developing talent and winning are not mutually exclusive.

by Jon L on Feb 28, 2011 3:19 PM EST reply actions  

Damn good negotiation, Ernie...

Do you all realize that our much-maligned GM just turned the future #2 pick that he traded to Chicago into a 2010 #17 pick (Seraphin), a 2010 #26 pick (Jordan Crawford), and a 2011 #19 or 20 pick for the price of 70% of Hinrich’s salary (which he earned by his play and his work with Wall) and maybe 20% of Bibby’s salary for the rest of this year….

That is a serious good businessman at work!

by khrabb on Feb 28, 2011 3:20 PM EST reply actions  

Very well said.

Ernie takes a lot of heat but he is going about the rebuilding process the right way, gaining young assets and draft picks, freeing up money for financial flexibility.

by PhenomenalSwag on Feb 28, 2011 3:22 PM EST up reply actions  

This is Kwame-Caron good

Made my day, second happiest day since the Wizards won the lottery. Way to go Ernie

by Emmet O'Neal on Feb 28, 2011 4:54 PM EST up reply actions  

Meh

Caron helped turn us into a playoff team. I don’t see Seraphin or Crawford doing that (yet). Caron was a borderline star at the time. Not saying these trades don’t add up to some good maneuvering, but I think we have a long way to go before we know whether we ended up with some real steals.

Getting buckets since 2003.

by Icantfeelmyface on Feb 28, 2011 10:26 PM EST up reply actions  

What I don't understand is why Ernie was able to trade in and trade out Hinrich and gain so much

But Ernie couldn’t get anything for trading Haywood (expiring) and Butler (good player with 1 1/2 years left on his deal).

by disgrunted on Feb 28, 2011 5:13 PM EST up reply actions  

Because even the mascots knew he had to make those trades

He was not working from a position of leverage. There was no way he was gonna get anything approaching equal value when the directive is ‘get under the lux tax line at all costs’.

Haywood was expiring. That’s a great thing when the contract is attached to a player you don’t want to keep. And vise versa.

by jones-y on Feb 28, 2011 5:17 PM EST up reply actions  

The difference in trading from strength

and trading from Weakness…

Everyone knew Ernie had to get rid of Haywood, Butler, Jamison and Arenas…. So Ernie was dealing from a position of weakness….

In the Hinrich trade, Chicago was desperately trying to free up cap space – Ernie had cap space – and so Ernie was dealing from a position of strength….

He's "delightfully cranky"

I used to have super powers until my psychiatrist took them away.

by Rook6980 on Feb 28, 2011 5:18 PM EST up reply actions  

I guess, but I don't completely buy that

If there were only two teams in the league — Washington and Dallas — that would make sense. But there are other teams, so even though Ernie had no negotiating leverage if only one team was interested, his job is to get more than one team interested and then get them to bid against each other. I find it hard to believe that Dallas was the only team interested in either player.

by disgrunted on Feb 28, 2011 5:29 PM EST up reply actions  

Yeah but interest is not the only factor

Not even the biggest factor.

I’m sure there were about 20 other teams for whom Haywood would’ve been an upgrade or a great addition at the time. And a bunch of teams could’ve used a pretty darn good SF.

You’ve got these factors:

1. Does the trade fit your team’s short/long term strategy? (fit)
2. Can your team make the trade? (salary cap situation, matching pieces, etc.)
3. Does your team want to make the trade? (interest)

by jones-y on Feb 28, 2011 5:38 PM EST up reply actions  

It's an interesting point

I guess Ernie felt the disaster of not blowing up that team outweighed the need to get much. Whereas, in this case, if Hinrich is still on the payroll, Plan B isn’t that bad.

by Mike Prada on Feb 28, 2011 5:45 PM EST up reply actions  

Haywood was in line for a big payday so you also had to be willing to pay him 8-10M for 5 years if you even wanted to think about trading for him

Portland was the only whisper of another team interested and they got Camby for 2 expirings(Blake and Outlaw). I think there is zero evidence there was a better deal possible. If it had been another year maybe there would be more interest but last year was a tough year to try and trade a ton of additional salary(caron plus BH’s new deal) and not take much back.

by BayAreaBullet on Feb 28, 2011 6:03 PM EST up reply actions  

I guess the only counterargument I'd have is that you could dump Haywood

Then trade Caron in a separate trade for a bit more. But yeah, I’m not sure there was much out there. The mistake was not the trade, but rather the collective depreciation of those assets that occurred before the trade.

by Mike Prada on Feb 28, 2011 6:06 PM EST up reply actions  

Agree very much

There was a time to get stuff for our assets and it was the summer before last season. We reloaded instead and it backfire worse than anyone could have predicted.

by BayAreaBullet on Feb 28, 2011 6:08 PM EST up reply actions  

Thats where the Abe or Ernie question comes into play

Did Ernie honestly think a team based around the Big 3 could compete for a championship up until GunGate happened or did he keep the team together to humor an owner desperate for a pre-mortem championship

by Emmet O'Neal on Feb 28, 2011 6:12 PM EST up reply actions  

One thing I don't blame Ernie for

Re-signing AJ and Gil for big bucks. The owner wanted it, the fans wanted it, and no one could know that Gil would blow his knee out again and never be the same.

Getting buckets since 2003.

by Icantfeelmyface on Feb 28, 2011 10:27 PM EST up reply actions  

It's two big things.

1. We had cap space to absorb Hinrich. That was huge help for CHI, and they really benefited from moving him.
2. We got lucky that Bibby was willing to take a huge buyout. He must like his chances of winning a title in MIA.

Both ATL and CHI are pretty happy with the trades.

by RamV on Feb 28, 2011 7:59 PM EST up reply actions  

That is awesome

It maybe should make Wiz fans feel a little crappy that a guy close to the end of his time getting paid to play basketball, is willing to pay $6 million to not play for our team. But it is indeed good for the team.

That’s some important cap space, that I am praying doesn’t get wasted. Hopefully it doesn’t compel the front office to overpay Nick Young or anybody. And it open up some PT for our young Crawford.

Thanks Bibby.

by returnofswagger on Feb 28, 2011 3:21 PM EST via mobile reply actions  

It maybe should make Wiz fans feel a little crappy

Well sure, from the ‘we are the center of our universe’ perspective. But I really have a feeling that from Bibby’s POV, this move is much much more about him than it is about us.

by jones-y on Feb 28, 2011 4:31 PM EST up reply actions  

Lets not forget

this also makes him a free agent next season. So its not just about this one run for a ring. he gets to assess and make some of that back next season. I don’t get why wiz fans are taking it so personally that he wanted a buyout.

he’s been the lead guy on teams that made it to the WCFinals. he’s been in the playoffs more than he hasn’t. he just got traded into a team in full rebuilding mode. he’s playing for one thing now: a ring.

by Jheiser3 on Feb 28, 2011 4:34 PM EST up reply actions  

Not to mention

if there is a lockout he wouldn’t get paid next year anyway.

AND if there is no lockout and he is salary cap fodder next year then who KNOWS where he’d end up.

by MR on Feb 28, 2011 5:16 PM EST up reply actions  

Incredible.....

This makes the Kirk Hinrich trade for Vladimir Veremeenko look even better…..

Let’s just recap what Ernie Grunfeld was able to get for Veremeenko….

Kirk Hinrich for 54 Games for $5.9 Million on this year’s salary cap (prorated salary while he was with the Wizards)
$3 Million dollars (Chicago paid the Wizards to take Hinrich)
2010 Draft pick # 17 (Kevin Seraphin)
2010 Draft pick # 27 (Jordan Crawford)
2011 Draft pick in the early 20’s (from Atlanta)
Maurice Evans

He's "delightfully cranky"

I used to have super powers until my psychiatrist took them away.

by Rook6980 on Feb 28, 2011 3:25 PM EST reply actions   2 recs

Rook, do you know what our cap space will be going into next season?

by Joe_G on Feb 28, 2011 3:28 PM EST up reply actions  

Here's how I see the cap situation next year....

The Wizards will have $39.6 Million tied up in 7 players
Rashard Lewis 21,136,631
Andray Blatche 6,442,083
John Wall 5,530,080
JaVale McGee 2,462,400
Kevin Seraphin 1,680,360
Trevor Booker 1,294,920
Jordan Crawford 1,120,440

I assume they’ll do SOMETHING with Nick Young… so his Qualifying Offer of $3.7 Million will serve as a cap hold until they either re-sign him, or he walks to another team.

The Wizards have two First round picks that will count against the cap:
Assume Pick #6 2,500,000
Assume Pick #20 1,100,000

Those amounts could go up or down depending on which actual picks the Wizards get, and the new CBA will probably make adjustments to the Rookie Scale….

There will probably be some kind of “Cap hold” for teams under the minimum roster number (12).. so
Cap Hold 500,000
Cap Hold 500,000

Add everything together, and they should be around $47.9 Million…..

I have absolutely NO idea what to expect for a hard cap for next year… but I’d bet something around $65 Million…. (with a grandfather clause for teams already over that amount)…

So the Wizards are looking pretty good….

He's "delightfully cranky"

I used to have super powers until my psychiatrist took them away.

by Rook6980 on Feb 28, 2011 3:46 PM EST up reply actions  

Luxury tax for 2010-2011 season is set at $70.307 million
Salary Cap is at $58.044 Million

http://www.hoopsworld.com/Story.asp?story_id=16732

I chose $65 Million as a number roughly between the two…. I assume the Hard Cap will be set high the first year, and gradually decline….. Otherwise you’ll hear serious screaming from the League’s “marquee” teams (Los Angeles, Dallas, Boston, Chicago, New York, etc…)…… and from the teams already over the Luxuy Tax line with no way to get below a Hard Cap…

He's "delightfully cranky"

I used to have super powers until my psychiatrist took them away.

by Rook6980 on Feb 28, 2011 4:17 PM EST up reply actions  

So I thought that $65 Million was a good, conservative starting point....

It COULD be higher…. They could make it a hard cap at the current Luxury Tax line of $70.3 Million…..

He's "delightfully cranky"

I used to have super powers until my psychiatrist took them away.

by Rook6980 on Feb 28, 2011 4:26 PM EST up reply actions  

That's what ESPN's "salary cap expert" predicted

I forget his name, I think he used to work for Portland. He estimated that if a hard cap is in place, it would be about the same as the Luxury is now.

by PhenomenalSwag on Feb 28, 2011 4:33 PM EST up reply actions  

Tom Penn

Hmm, maybe you’re right. Penn definitely knows his stuff. But honestly, I don’t think we can project much of anything with all the uncertainty.

by Mike Prada on Feb 28, 2011 4:34 PM EST up reply actions  

True

Things are very uncertain right now, but the thinking is that if the league put a hard cap in place, there’s no way they could low ball all of these high paying teams with the highest salaries. It would have to start high enough for these big city teams to be okay with it. I would expect it to be lowered gradually year by year because salaries are getting out of control at the current rate.

by PhenomenalSwag on Feb 28, 2011 4:37 PM EST up reply actions  

Doubt that.

If anything it’ll get packaged with another pick in order to move up

by jones-y on Feb 28, 2011 4:41 PM EST up reply actions  

Why?

It’s a great pick in the high 30’s…. better than a First round pick because you can sign a second round pick to a non-guaranteed contract for fewer years than a first round pick….

Get almost the same level of talent as a late first round pick for less money….. lower risk (fewer years)….

He's "delightfully cranky"

I used to have super powers until my psychiatrist took them away.

by Rook6980 on Feb 28, 2011 4:42 PM EST up reply actions  

Going back to Ted’s post-Hinrich trade blog that mentioned Wizards will “pick twice” in this year’s draft

by Emmet O'Neal on Feb 28, 2011 4:45 PM EST up reply actions  

we have loaded up on picks and prospects. That part of the rebuild after we pick twice in the next draft is over

http://bit.ly/fWjkQx

by Emmet O'Neal on Feb 28, 2011 4:46 PM EST up reply actions  

One thing IS for certain...

The Wizards will NOT be a team that has to sweat the Hard Cap – whatever it is… and if the cap is set high, they will be one of the very, very few teams with room to sign a truly elite free agent – like Dwight Howard for instance…

He's "delightfully cranky"

I used to have super powers until my psychiatrist took them away.

by Rook6980 on Feb 28, 2011 4:44 PM EST up reply actions  

Yes - but the thought remains

that the Wizards will not be one of those teams struggling to stay under the Hard Cap….. even in 2012….

He's "delightfully cranky"

I used to have super powers until my psychiatrist took them away.

by Rook6980 on Feb 28, 2011 4:46 PM EST up reply actions  

Probably not

Though a lot can happen until then. If the Wizards keep Young, that’s more money to add into their payroll, and JaVale McGee also is up for an extension that summer (of course, he’d be gone if Dwight legitimately wanted to come here).

by Mike Prada on Feb 28, 2011 4:58 PM EST up reply actions  

We would need to do good next year to convince him to come to D.C.

TNT should've treated Lebron's return to Cleveland game like 2k11 and cut the game off after the Cavs were down by 30. lol

by Krobify on Feb 28, 2011 4:45 PM EST up reply actions  

Not unless Stern convinces the other 29 owners

to put in a special Laker exemption to the Hard Cap….

He's "delightfully cranky"

I used to have super powers until my psychiatrist took them away.

by Rook6980 on Feb 28, 2011 4:46 PM EST up reply actions  

hahahahaha

That could seriously happen.

by BayAreaBullet on Feb 28, 2011 4:47 PM EST up reply actions  

Rook...back to reality my friend ;)

Nets had lots of room too…

We need a team before considering seeing the likes of Howard signing here…

But I like you optimism…

by DavidDunn on Feb 28, 2011 4:59 PM EST up reply actions  

Damn Ernie.........

should have held out for a ham sandwich….. and a bag of fries..

He's "delightfully cranky"

I used to have super powers until my psychiatrist took them away.

by Rook6980 on Feb 28, 2011 3:28 PM EST up reply actions  

Yeah, wth?

I’m hungry after all that stressing…fire him!

When you can balance a tack hammer on your head, you will head off your foes with a balanced attack.

Bullets Forever | Twitter

by Bullet Nation in Exile on Feb 28, 2011 3:32 PM EST up reply actions  

SHAKUR!!

CarbonPrimo TheReal
RT @MrMichaelLee: wizards will sign Mustafa Shakur for the rest of the season.Must’ve high-5d Mike Bibby as they crossed paths @ the airport

So Shakur will be back as Wall’s backup the remainder of the season. This could not have turned out any better.

by Delonte Mckinley on Feb 28, 2011 3:36 PM EST reply actions  

Is Falk Mustafa's agent

He sure parlayed that 10-day…good for him

by DavidDunn on Feb 28, 2011 5:00 PM EST up reply actions  

Nice deal

Much better to not have Bibby here not wanting to be here.

I don’t think I necessarily respect him more – he was on good behavior for less than a week all while knowing his agent was working on a buyout. Maybe a tiny bit for it not being all about the money, but that kind of has to wait until you know what he’s going to make. Nowhere close to the $6.2 obviously.

I kind of hope he signs with Miami and it totally backfires on them.

by wjb1492 on Feb 28, 2011 3:37 PM EST reply actions  

He was on good behavior...but he just gave up more money than I'll make in two lifetimes

Compared to Carmelo “Well SOMEBODY better pay me” Anthony…I needed this to restore my faith in basketball players

When you can balance a tack hammer on your head, you will head off your foes with a balanced attack.

Bullets Forever | Twitter

by Bullet Nation in Exile on Feb 28, 2011 3:40 PM EST up reply actions  

But then again you think this could be a Richard Jefferson kind of situation?

Not a one-for-one, obviously…

When you can balance a tack hammer on your head, you will head off your foes with a balanced attack.

Bullets Forever | Twitter

by Bullet Nation in Exile on Feb 28, 2011 3:58 PM EST up reply actions  

I have no idea what he's thinking he'll get

I know what I think he’s worth, and that makes the buyout a huge concession. But if he’s thinking he can get a couple of mil next year? I mean, doesn’t it change the analysis at least a little if in his mind he believes he can get a 2-year, $5-6M deal this summer? No matter how ridiculous I think that is…

I guess I’m saying I don’t expect this to work out in his financial favor at all, but how many athletes have we seen thinking they’re worth a chunk of change and passing up really decent offers?

He’s also made a ton of money, and if he’s been smart with it the money itself really could be a complete non-issue.

by wjb1492 on Feb 28, 2011 5:12 PM EST up reply actions  

Wow

What is Bibby’s thinking here? That he can get $6.2m and then some from someone else? Or that he just wants a championship THAT bad. Wow.

by mogoman on Feb 28, 2011 4:09 PM EST reply actions  

Maybe a Richard Jefferson kind of thing

Where he left $15 million on the table for a 4 year $40 million deal…so maybe Bibby’s hearing about a 3/4 year $12 – $16 million out there for him…guess we’ll just have to wait and see

When you can balance a tack hammer on your head, you will head off your foes with a balanced attack.

Bullets Forever | Twitter

by Bullet Nation in Exile on Feb 28, 2011 4:26 PM EST up reply actions  

He made over $100 Million in his career....

I guess he wants to WIN something now…… and the money is not as important…

He's "delightfully cranky"

I used to have super powers until my psychiatrist took them away.

by Rook6980 on Feb 28, 2011 4:29 PM EST up reply actions  

Look at Shaq

He’s hauling his hobbled ass out every night – playing for the Veteran minimum – hoping for one more ring to put on his massive digit….

He's "delightfully cranky"

I used to have super powers until my psychiatrist took them away.

by Rook6980 on Feb 28, 2011 4:30 PM EST up reply actions  

Well

Not EVERY night….

Getting buckets since 2003.

by Icantfeelmyface on Feb 28, 2011 10:32 PM EST up reply actions  

I respect Bibby’s Decision

This is the issue I have with the Wizards. I work 4 blocks from the Verizon Center and rush home to watch them play. This team needs heart and Bibby knows they don’t have it. J. Wall is our future please shoot the ball more and just take over you will gain that credibility. Nick Young who is a scorer is on his A game he has heart. Andre I think is a big distraction, I notices when things are not going right for him. He continue to keep taking outside shoots when they are not falling. Take the ball in the paint, McGee will clean up and Lewis can knock down midrange to 3 pointers. I’m tired of thinking about the future win now….

by WizardsFan99 on Feb 28, 2011 4:27 PM EST reply actions  

Please.

Bibby knows they have no heart after being here 15 minutes? He didn’t hate the Wizards – he didn’t know anything about them. He just wanted a chance to play for a ring, pure and simple.

by YellaFella on Feb 28, 2011 4:38 PM EST up reply actions  

If this team had heart and the same record, it wouldn't have changed a darn thing.

Bibby doesn’t want to play back-up on a crappy team. I can’t say I blame him at all, and I might make the same decision, so in that sense I’m not mad at him over this. It just doesn’t make my opinion more favorable either.

by wjb1492 on Feb 28, 2011 5:14 PM EST up reply actions  

Bibby is washed up

Good riddance! Let him rot on the Heat’s bench for the league’s minimum pay.

by Bups on Feb 28, 2011 4:30 PM EST reply actions  

Wow

I think there is alot to be said for leaving alot of money on the table to get what you want. Classy move by him IMO. I wish more players approached it like that instead of trying to have their cake and eat it too. This trade is now awesome.

by BayAreaBullet on Feb 28, 2011 4:30 PM EST reply actions  

Good!

Now the team has someone to put on Boozer.

by hambonejackson on Feb 28, 2011 4:40 PM EST up reply actions  

We can put Booker on Boozer...screw Blatche.

TNT should've treated Lebron's return to Cleveland game like 2k11 and cut the game off after the Cavs were down by 30. lol

by Krobify on Feb 28, 2011 4:55 PM EST up reply actions  

Boozer will shoot over Booker

Blatche will make Boozers fall away a little more difficult

by hambonejackson on Feb 28, 2011 4:58 PM EST up reply actions  

Boozer will body the hell out of Blatche.

TNT should've treated Lebron's return to Cleveland game like 2k11 and cut the game off after the Cavs were down by 30. lol

by Krobify on Feb 28, 2011 4:59 PM EST up reply actions  

rec

TNT should've treated Lebron's return to Cleveland game like 2k11 and cut the game off after the Cavs were down by 30. lol

by Krobify on Feb 28, 2011 4:58 PM EST up reply actions  

OK - so I think I figured out why the Wizards will still have $1 Million on the books for Bibby next year...
The agreed-upon buy-out amount (see question number 62) is included in the team salary instead of the salary called for in the contract. If the player had more than one season left on his contract, then the buy-out money is distributed among those seasons in proportion to the original salary.

Bibby’s cap number for this year is $5,764,767 and for next year it was $6,417,616 (Total of $12,182,383)…

This year’s salary represents 47.32% of what he is owed, and next year’s salary represents 52.68%

So Bibby accepts a buy out for the remaining salary this year (28 games = $1,946,341)

47.32% of that $1.9 million counts on this year’s cap = $921,008
52.68% of that $1.9 million counts on next year’s cap = $1,025,332

He's "delightfully cranky"

I used to have super powers until my psychiatrist took them away.

by Rook6980 on Feb 28, 2011 4:40 PM EST reply actions  

By not re-signing YI, Howard, Thorton

Re-signing Evans and Young, and mandated contract raises, no matter what the salary cap is next season, the wiz will still have saved enough money to go out and pick up another 1st round pick and if they can, they should

by hambonejackson on Feb 28, 2011 4:45 PM EST up reply actions  

I'm trying to get Larry Coon to confirm those numbers....

Michael Lee already twitted that the Wiz cap hit will be $1 Million next year for Bibby….

But Mike is adamant that it’s Zero – so I need to find out for sure.

He's "delightfully cranky"

I used to have super powers until my psychiatrist took them away.

by Rook6980 on Feb 28, 2011 4:49 PM EST up reply actions  

Devils Advocate

Everyone is loving this buyout, but on the flip side, is there not an argument that it would have been better to keep a disgruntled bibby on the bench, and trade him next year maybe for a draft pick?

Do we really need the $$ anyway? It’s unlikely we’re gonna splash any big free agents next year—more likely in the following year.

And didn’t Mr. faulk say 10X about how much of a professional he is? Thats the life of the NBA — u may get traded to a bad team but you get paid well for it.

How many teams would give a lot for a decent backup bibby next year on an expiring contract vs. what we can get w/the cap savings?

thoughts?

by playnpg22 on Feb 28, 2011 4:43 PM EST reply actions  

I think its heaven sent

This team wiped away Hinrichs contract and replaced it with rookie contracts. How does that hurt?
The future became now.

by hambonejackson on Feb 28, 2011 4:47 PM EST up reply actions  

I don't think the Devil's Advocate would be right...BUT

I can’t even imagine how this negotiation went. I mean, we’re talking about David Faulk flying to DC to meet with Ernie. He could have done this deal over the phone, don’t you think? I mean, he must have flown in thinking he could twist Ernie’s arm and Ernie played tough. Faulk is no joke. So, there may have been more to it.

by mogoman on Feb 28, 2011 4:52 PM EST up reply actions  

Who would want him?

Give me the cap room, and let me decide…not 29 other GMs

by DavidDunn on Feb 28, 2011 5:05 PM EST up reply actions  

If you wanted that approach

they’d have had to send him home and pay him for nothing. I would not blame Bibby for having a horrible attitude and negatively affecting the team when he offers such an incredibly buyout had the team turned him down.

by wjb1492 on Feb 28, 2011 5:18 PM EST up reply actions  

The future and using the Bibby $$$ wisely

Assuming we have 3 draft pics, we’ll have to trade up to get a second HIGH pic…

reason being w/ith the team as it is (wall, mcgee, blatche (young assuming he resigns), crawford, seraphin, booker, rashard)==thats 7 players. Add a top 5 pic makes 8. (not sure whats going to happen w/howard / thornton/mo evans, but hopefully they can resign howard for cheap who’s really looked good lately…. which would make 9.

Assuming no trades in the mix, we’ll have tooooo many young guys, so they should probably trade 2 late pics to move up in the draft and get another in the top 10.

That being said, assuming the cap is the same next year or similar, shouldn’t we use the BIBBY $$$ to sign a lucrative free agent next year…. to LURE a big splash the following year.

We’re not gonna get a dwight howard to come here unless were a ASCENDING eam next year.

by playnpg22 on Feb 28, 2011 4:53 PM EST reply actions  

I wouldn't even worry about Howard

I just don’t think that’s a possibility. Instead, I’d like to see us continue on the OKC route and use the cap space as an asset for more picks and such.

by Mike Prada on Feb 28, 2011 5:00 PM EST up reply actions  

Amen, save the cap space

Please no more cap-eating redemption projects like we did with Yi this year. And Singleton-type fundamentally sound, player-coach vets would do just fine in place of Howard-type starter-caliber vets or Hilton-type lotto-bust vets.

by Emmet O'Neal on Feb 28, 2011 5:03 PM EST up reply actions  

I think Chicago

we have our Rose, maybe we can get our Noah in the lottery and then all the team needs is its Boozer. Even Oklahoma grabbed Perkins. The beauty of the Lewis contract. Money in the bank for 2 off seasons.

by hambonejackson on Feb 28, 2011 5:07 PM EST up reply actions  

Look at the long term...

The Wizards are now positioned with young players, draft picks and cap space (even if there is a hard cap in the next CBA)….

That’s the perfect scenario for adding that last piece… Maybe not this summer… but perhaps in 2012 or 2013…. The Wizards have an elite Point Guard (or, he will be elite in a year or two)…. and some good players. The Wizards now have the assets, OR will have the assets (once some of these young players develop further) – to perhaps entice a superstar (ala the KG trade to Boston, or the Melo trade to NY)…. to come to Washington.

He's "delightfully cranky"

I used to have super powers until my psychiatrist took them away.

by Rook6980 on Feb 28, 2011 4:53 PM EST reply actions  

Yup

One small problem though. We’re still the Washington Wizards. Unless John Wall is Durantula-good, the name on the jersey is a hamstring.

by jones-y on Feb 28, 2011 5:06 PM EST up reply actions  

From what I have seen the last 4 games

There is a serious possibility we have an elite PG on our hands if he can get a mid range jumper….

BTW-His ability to use his left hand is ridiculous….

by DavidDunn on Feb 28, 2011 5:07 PM EST up reply actions  

Yeah but that's still not enough

Deron williams and Chris Paul weren’t enough to attract good big name FAs to their respective teams.

John wall looks legit though.

by jones-y on Feb 28, 2011 5:12 PM EST up reply actions  

When did their teams ever have cap space?

You act like they whiffed like the Nets and the Knicks did. Those teams have just never had cap space to even look at a FA. I don’t think it has anything to do with Paul or Williams.

by BayAreaBullet on Feb 28, 2011 5:15 PM EST up reply actions  

Fair enough.

However, when a good vet wants to play for you, then where there’s a will, there’s a way.

by jones-y on Feb 28, 2011 5:19 PM EST up reply actions  

On the other hand....

When an elite player wants out – and you have the assets it takes to get him…. that’s when a KG type trade can happen….

He's "delightfully cranky"

I used to have super powers until my psychiatrist took them away.

by Rook6980 on Feb 28, 2011 5:20 PM EST up reply actions  

I don't think that's really true, to be honest

You mostly see those vet discounts on the lowest levels and with buyouts. For UFAs that are beyond MLE types, you have to put yourself in a position to get them first.

by Mike Prada on Feb 28, 2011 5:50 PM EST up reply actions  

Yeah... Cheap owner...

the NBA

He's "delightfully cranky"

I used to have super powers until my psychiatrist took them away.

by Rook6980 on Mar 1, 2011 1:09 PM EST up reply actions  

If we have significant cap room going into next season

are there free agent possibilities to consider or should we entirely focus on the draft?

by PhenomenalSwag on Feb 28, 2011 5:05 PM EST reply actions  

this off season?

YES – entirely focus on the draft….

Perhaps use the cap room we have to enhance our draft position (like Ernie did with the Hinrich trade)…. or move the Atlanta pick into the lottery…..

He's "delightfully cranky"

I used to have super powers until my psychiatrist took them away.

by Rook6980 on Feb 28, 2011 5:07 PM EST up reply actions  

What about throwing a big number at Oden?

Force Portland to sign him or give him up?

He's "delightfully cranky"

I used to have super powers until my psychiatrist took them away.

by Rook6980 on Feb 28, 2011 5:10 PM EST reply actions  

?? Funny?

Portland is a small market team… with a huge salary and cap problem $70,145,690 this year – and a similar amount tied up in next year’s salaries ($66 Million or so)….

Or is it you think Oden is done – a bust?

He's "delightfully cranky"

I used to have super powers until my psychiatrist took them away.

by Rook6980 on Feb 28, 2011 5:16 PM EST up reply actions  

While I love the idea of turning Oden into something

It ain’t going to happen with the Wizards’ medical staff.

If I am Oden, I want to sign with Phoenix.

by disgrunted on Feb 28, 2011 5:20 PM EST up reply actions  

Isn't his qualifying offer like 7M so we would have to beat that?

If we could frontload the contract like OKC did with Collison and pay him the majoirty of his money next year then maybe. He scares me too much to commit alot of money past next season.

by BayAreaBullet on Feb 28, 2011 5:26 PM EST up reply actions  

I would love to have Oden

as long as it’s for the right price. The Portland medical staff ruined his career. After he had microfracture surgery in his rookie season, they overworked him and he became to strong for his own good. That’s why his patella split. Then, they tried to rush him back and overworked him again, which is why he had to get microfracture surgery again, and the Blazers medical staff doesn’t have any idea how it happened. It’s quite ridiculous.

by iNFaMOUS SwaGG on Feb 28, 2011 5:44 PM EST up reply actions  

I want Oden...he will be a monster if fully recovered.

TNT should've treated Lebron's return to Cleveland game like 2k11 and cut the game off after the Cavs were down by 30. lol

by Krobify on Feb 28, 2011 6:00 PM EST up reply actions  

Someone out there

Hopefully, not the Wizards – will over pay for Oden..

He's "delightfully cranky"

I used to have super powers until my psychiatrist took them away.

by Rook6980 on Mar 1, 2011 1:12 PM EST up reply actions  

Or what about Marc Gasol?

especially if we go SF in the draft. He fills a very different role than what we currently have in McGee or Blatche, and would fill a lot of the rebounding/low post presence that we need.

However, he is restricted, and I don’t know what Memphis’s plans are with him

by Joe_G on Feb 28, 2011 6:04 PM EST up reply actions  

Breaking news

After signing for the remainder of the season, Shakur has asked for a buyout.

by disgrunted on Feb 28, 2011 5:19 PM EST reply actions  

I'd like to point out

that Bibby’s CAREER TOTAL of assists with the Wizards was only 1 less than OPech’s.

by MR on Feb 28, 2011 5:22 PM EST reply actions   1 recs

How about us?

Will Ernie give us a buy-out?

by Izman on Feb 28, 2011 5:51 PM EST reply actions  

ernie

he’s been good at extracting value from trades. but the thing is there doesn’t seem to be any cohesive plan from a chemistry standpoint. the blatche extension is a perfect example. it’s a decent contract for a big man (hence, good value), but chemistry-wise it’s a killer in all areas.

by insidethelines15 on Feb 28, 2011 7:11 PM EST up reply actions  

I'm glad you brought up the chemistry thing...

Because I think chemistry is vital to a Championship team and even a playoff caliber team, but I don’t think it’s as important when you’re a rebuilding team.
Further, I think Ernie did a pretty good job with chemistry during the Big 3 era here. Don’t agree with me? Then answer these three questions:
1. How did Caron Butler, Jamison, and Gilbert Arenas look before they got to Washington?
2. How did they do while they were here?
3. How have they looked since they left?
Answers to these three questions are subjective of course, but I think most people would say they had their best years here – and a lot of that can be attributed to chemistry.
If the Blatche’s contract is all you can point to for lack of chemistry, then you might change your mind next year when Blatche is either playing better or has been traded for something better – because that contract is not that bad.
Ernie’s draft record has been solid the past few years as well.
Plus, and I think this is the most underrated attribute of a good GM – Ernie has been in and around the league for a long, long time. He’s very well connected. If there’s a conversation going on, he’s probably involved. People know him and trust him. Bring in some newbie GM and he doesn’t have the same level of intimacy with other execs, agents, and league officials and isn’t going to get deals done as well, as quickly, or at all. Look at the incompetent GM’s around the league that simply didn’t get their trades in before the deadline. Ernie can pick up the phone and people answer, they can cut to the chase, and more often than not, they are calling him with quality proposals – not some crap they call the newbie about.
Ernie’s track record and league network are well above average – and as time may tell, he could be one of the best GM’s in the league.

by mogoman on Feb 28, 2011 7:26 PM EST up reply actions  

I'm with you

Getting the buyout was a great move, but Ernie’s track record signing FA’s has not been exemplary.

From the District of Columbia, home of the hyperbolic paraboloid transitional floating zone defense.

by mr. 91 on Feb 28, 2011 7:10 PM EST up reply actions  

I am

He’s an above average trader and a below average drafter.

by RamV on Feb 28, 2011 8:36 PM EST up reply actions  

Ernie is an above avg evaluator of talent

whether drafting Blatche, Young, McGee, Booker, or Seraphin…
Or trading Devin Haris for Jamison, or passing on Rubio…
Or not getting into a bidding war for Roger Mason, jared Jeffries, or Larry Hughes
It would be tough for you to argue that Ernie is not a good evaluator of talent when it comes to free agents or draft picks.

by mogoman on Feb 28, 2011 9:07 PM EST via mobile up reply actions  

Not tough

He has done some very cagey extensions (CB, Blatche), but he has made some questionable-to-terrible FA signings (Gilbert, Antawn, Darius, Josh Howard, Oberto, the list goes on). I give him props for not signing Jeffries, but NY was clearly overpaying him and nobody expected him to match. And he made Larry Hughes a very dumb offer and lucked out when the Cavs made an even dumber one.

And the draft – ugh. Nick and Seraphin are good, but they’re not special for mid-teens guys. McGee is a little different case – he has a lot of upside, but loses us a lot of games. I like Blatche at 47 and Booker at 20-whatever. But what about passing on Rubio? Pecherov? Jarvis Hayes in the lottery?

by RamV on Feb 28, 2011 9:33 PM EST up reply actions  

I don' think that's really fair

From what we’ve heard, Gilbert and Antawn were more Abe Pollin than EG, so you can’t really fault him for that. Plus we know Gil had other suitors offering more, and he took less to stay with us. He was a franchise player at the time, so it wasn’t realistic to let him walk. Darius and Oberto were looked upon as pieces for a “contending” team, so I don’t really fault him for those either.

The jury is still out on Seraphin but I like what I’m seeing. Also, I’m not sure where you’re going with Nick not being special for a mid-teens guy.

http://en.wikipedia.org/wiki/2007_NBA_Draft

After Nick was taken by us, the only guy that I may want over Nick would be Marc Gasol and that’s only because our bigs are nothing like what Gasol brings.

by formula0 on Mar 1, 2011 1:16 AM EST up reply actions  

I think you have to look at the FA signings he's made in the context of his mandate from ownership.

I haven’t agreed with all of Ernie’s moves, but in that context, I think the Gilbert, Antawn, Darius, JHo, or Obertero signings were rational. Abe Polin was in declining health and didn’t want to rebuild – I wouldn’t want to be watching this year’s team on my deathbed either. If these moves weren’t the right moves, they weren’t so bad that they couldn’t be corrected – because nobody bats 1.000 – and you need a GM with the guile to get out of a situation that goes awry.

by mogoman on Feb 28, 2011 10:38 PM EST reply actions  

I'm just worried

sure we got a bunch of 1st rounders and a lot of cap space.

But I think Vermeenko might just blow up and become a Hall of Famer. I’m worried about that. Damn you EG.

by MR on Feb 28, 2011 10:40 PM EST reply actions  

One player suggesting to another player who is under contract that they demand a buy out?

Sounds like collusion. The difference is that every summer players are talking to free agents.

by MR on Mar 1, 2011 4:12 PM EST up reply actions  

Sounds like your jumping to conclusions IMO

Has it been reported that Lebron told him to demand a buyout? Buyout was the obvious conclusion from the first second the trade was official.

by BayAreaBullet on Mar 1, 2011 4:15 PM EST up reply actions  

I am not looking up the definition of collusion

But I am sure that this stuff falls within it.

Screw rational basketball analysis. I <3 Jordan Crawford.

by returnofswagger on Mar 2, 2011 1:29 AM EST up reply actions  

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