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HEAT: Mike Bibby's Agent seeks buyout

The Heat desperately need a point guard. Last night's loss to the Knicks proves what it means to have someone in such a position.

After the Knicks game, Chris Bosh mentioned that point guard is the most important position on the floor. His comments came after someone asked him how Chauncey Billups play impacted the game in the fourth quarter?

Maybe, he was elluding to the Heat's lack of poise at that position?

Who knows?

Either way, here's the latest on Bibby from the Washington Post:

According to a person with knowledge of the situation, Bibby's agent, David Falk, plans to meet with Wizards President Ernie Grunfeld on Monday to discuss a possible buyout. The person requested anonymity because of the sensitivity of the negotiations.

The two sides have had preliminary discussions, according to two league sources, but no formal proposals have been made. Bibby makes $5.8 million this season and is on the books for $6.4 million next season. Bibby would have to sacrifice a lot of money and get waived by Tuesday in order to be eligible to join a playoff team this season.

Portland, Miami and Boston are reportedly interested in signing Bibby if he can reach an agreement. Grunfeld has said he wouldn't close the door on any situation as it relates to a buyout.


Make sure you stay with us on 790 The Ticket for the latest on possible buyout situations and the latest on the Miami Heat.

JS

Jorge Sedano Show weekdays 6am-10am on 790 The Ticket

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