Mike Bibby gave up $6.2 million rather than stay with the last-place Washington Wizards. The veteran guard reached a buyout agreement with the Wizards on Monday, beating by one day a deadline that will allow him to sign with another team in time for be eligible for a playoff roster. Bibby played only two games with Washington after he was acquired last week in the five-player trade that sent Kirk Hinrich to the Atlanta Hawks. He will receive the remainder of his $5.6 million salary for this season, but he gave up his entire amount of the final season of his contract for his freedom. Read entire article at: http://sports.yahoo.com/nba/news?slug=ap-wizards-bibby
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