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Azubuike waived by the Knicks

Could the Jazz buy out Mehmet Okur's contract, saving money long-term, then sign this guy? Not at all sure how this buyout thing works... I doubt that'll happen, but it is a way to potentially save some $$...
 
Could the Jazz buy out Mehmet Okur's contract, saving money long-term, then sign this guy? Not at all sure how this buyout thing works... I doubt that'll happen, but it is a way to potentially save some $$...
So here's how a buyout works: a player agrees to take less money than he is contractually owed in order to get free from his contract and go elsewehere. He usually presumes that he can sign another contract to replace whatever money he gave up. The Jazz only get salary relief to the extent that the player reduces the salary. For example, Memo says instead of paying my $10M per year, pay me just $9M and I'll make up the difference with a minumum contract.

Question: what possible motive would Memo have to agree to a buyout? What motive would the Jazz have to continue to pay him $9M per year to play for another team?
 
Question: what possible motive would Memo have to agree to a buyout? What motive would the Jazz have to continue to pay him $9M per year to play for another team?

To prove his supposed sainthood to us unbelievers.
 
OK; the Jazz are looking for ways to save $$$, and this would seem to do it. Memo will be 32 in May, so hasn't much NBA life left in the tank...
I see Okur's value to the team seriously declining with every game Favors enters in a Jazz uniform. I believe the Magic are still looking for a backup C; would that be motive enough for Memo? As far as the Jazz motive goes, $9 mil < $10 mil, although I think he could be had for less than $9 mil annually...
 
I mentioned this in other threads. I would no nutz for this

Sometimes I do this on the weekend when the wife is out running errands. Put on her lacy negliges and listen to 4 Non Blondes and just fantasize about being a pretty little lady.
 
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