Bibby’s Buyout Backfires

Well, the Mavs have won the title and that’s $6 million down the drain for Mike Bibby. $6.2 million to be precise.

Shortly after being traded to the Washington Wizards, the former Hawk point guard agreed to a buyout with the Wizards and the Heat. Bibby elected to forgo the $6.2 million he was promised for next season to head to Miami  in a “championship-over-money” decision. While the decision didn’t exactly pan out the way Bibby had hoped, the Heat’s run in the playoffs still beats the 23-59 season he would have been a part of in Washington.

Bibby played in 20 playoff games with the Heat this season, averaging 20.8 minutes and 3.6 points per game. Aka, $180,000 per game.

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