Buyout the answer for Arenas
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There's no definitive indication of what's going to happen next between the Wizards and Gilbert Arenas. But it's becoming increasingly likely he may be done with the club.
Several pundits have broached the subject of the Wiz trying to void his contract, but it's going to be an incredibly difficult move to pull off. Since the league has already punished Arenas by suspending him for the rest of the season, the player's union is prepared to argue that Arenas can't be punished twice for the same offense.
So if the two sides agree they want to move on, would a buyout be the best solution? Arenas would at least recoup money, and the team would be free of him.
Today's Washington Post offers up this: "Arenas isn't coming back to Washington, and shouldn't. The club doesn't want him and he doesn't want to play here, which he made clear in his meeting with league officials. League sources, increasingly, are of the belief that the Wizards and Arenas will have to reach a buyout of his contract instead of the team voiding it."
But the problem then becomes this: what sort of money do you buy out a player for whom has $80 million left on his contract?
Several pundits have broached the subject of the Wiz trying to void his contract, but it's going to be an incredibly difficult move to pull off. Since the league has already punished Arenas by suspending him for the rest of the season, the player's union is prepared to argue that Arenas can't be punished twice for the same offense.
So if the two sides agree they want to move on, would a buyout be the best solution? Arenas would at least recoup money, and the team would be free of him.
Today's Washington Post offers up this: "Arenas isn't coming back to Washington, and shouldn't. The club doesn't want him and he doesn't want to play here, which he made clear in his meeting with league officials. League sources, increasingly, are of the belief that the Wizards and Arenas will have to reach a buyout of his contract instead of the team voiding it."
But the problem then becomes this: what sort of money do you buy out a player for whom has $80 million left on his contract?
Comments
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they gotta take the l on this one, just bring him back next year, hope that he has a great season and hope a team trades for him next trade deadline. 80 mill is too much money to buyout unless they really wanna get rid of him that badly.
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They better off trading him after this big offseason. People are gonna want to establish title contenders and he would be a great asset to a team that has a need for a PG (NY Knicks?)
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yeah they aint voiding his contract. That just isn't happening. They don't have a leg to stand on even if Gil goes to jail. They should have never gave him the contract anyway. The only thing they got is that Gil doesn't want to play in washington anymore so he either wants to get traded or a buy out. But voiding his contract isn't going to happen. Anyone who thinks so is just fooling themselves.
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But thats the thing aint noone talked a trade about him even when this gun stuff came all aboutthey gotta take the l on this one, just bring him back next year, hope that he has a great season and hope a team trades for him next trade deadline. 80 mill is too much money to buyout unless they really wanna get rid of him that badly. -
But thats the thing aint noone talked a trade about him even when this gun stuff came all about
He looked okay but not great out there, that and his large contract. If he can go back to his pre injury form teams may take a chance on him. -
Wherever he ends up, whenever he plays the wizards the first time this ? is gonna go for 70... Lol am I lyin?
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what no body said the Knicks gone get 'em lol
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If they really want to teach him a lesson, they'll trade him to the Knicks...lol
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the knee injury is what changed everything. before he got hurt he was a top player in the league with 50 pt games etc= was worth the money.... after the injury he came back early then blamed the Wizards for "allowing him to come back" when he reinjured it i dont think the NBA is like the NBA when it comes to voiding contracts and cutting guys. so he is gonna get paid something unless they find a loophole. I wouldnt buy him out cuz next yr he will be motivated to play good maybe then they can trade him
