Mike Bibby gives up $6.2M in buyout with Wizards



WASHINGTON (AP) — Mike Bibby has reached a buyout agreement with the Washington Wizards, freeing him from the last-place team after just two games.

Bibby agreed to give up his entire $6.2 million salary for next season and was waived on Monday. The move came on the eve of the deadline for players to be released in order to eligible for a playoff roster if they sign with another team.

Bibby was acquired last week in a five-player trade that sent Kirk Hinrich to the Atlanta Hawks.

He played in 29 minutes in his two games with the Wizards, scoring two points and making eight assists.