Mike Bibby and the Washington Wizards have agreed to terms on a buyout.


In a stunning move, Bibby, whom the Wizards acquired from Atlanta last week
in a trade for Kirk Hinrich, gave up his entire salary for next season. The
32-year-old point guard had one year and $6.2 million left on his deal.


"He sacrificed some money in order to win a championship," said David Falk,
Bibby's agent. "Once you're past 10, 11 years in the league, you want to be
in a situation where you can win. He's got some attractive options open to h
im."

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 Portl
and 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 situatio
n said he's headed to Miami.

The source also said Miami is the front-runner for Troy Murphy. The Heat wil
l have to cut as many players as they sign, and the source said Carlos Arroy
o and Jamaal Magloire are the likeliest candidates.

However, Falk, who doesn't represent Murphy, maintained that nothing has bee
n agreed to.

"I've been in touch with six or seven of the top teams," he said. "Nothing c
an be done until he clears waivers."

For Washington, the deal is a sweetheart one that will knock next season's p
ayroll down to roughly $38 million, which is $20 million below the current s
alary cap.


Chris Broussard covers the NBA for ESPN The Magazine.

Follow Chris Broussard on Twitter: @chris_broussard


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