McDyess gives up big money to get out of Denver deal

[Big Bid'Ness]

From:Yahoosports.com

The Denver Nuggets made a good deal in reaching an agreement to buyout of Antonio McDyess' contract. A source told the Rocky Mountain News that McDyess, who was due nearly $15 million, will be bought out for about $6 million.

McDyess was acquired last Monday from Detroit (along with Chauncey Billups and Cheikh Samb for Allen Iverson), but didn't want to play for the Nuggets. A source said McDyess, 34, had little leverage. If he didn't want to play for Denver and was unwilling to take a generous buyout, his only other option would have been retirement, and then he would have gotten nothing.

McDyess' agent, Andy Miller, who wouldn't discuss financial arrangements, said the paperwork likely will be finalized Monday. McDyess would then clear waivers Wednesday, and be a free agent able to immediately sign with any team except Detroit. If it's true McDyess wants to return to the Pistons, NBA rules don't allow him to re-sign with them until 30 days after being waived.

The move will get the Nuggets to around $1 million over the luxury-tax threshold of $71.15 million. Prior to the McDyess negotiations, the Nuggets had a payroll of $75.9 million.

Source: Rocky Mountain News

 

[Dr Aj]

I don't understand why he didn't want to play there...

He has a lot of market value though.

 

[Macken]

what an idiot.. he should just be happy to have the talent to be in the NBA and not <Censored> bout where he wants to play..

 

[Hoffa]

what an idiot.. he should just be happy to have the talent to be in the NBA and not <Censored> bout where he wants to play..

Some people care where they want to play and don't care about money much. That is McDyess he has a family in Detroit loves the city and wants to retire there, so I don't blame him.

 

[Lake Louise]

You dont see this enough anymore. Yes, he is happy playing in the NBA, but he is more about where he wants to finish his career and not where he can get the most money. Other players, like Ben Wallace, would rather go for the money than staying with a dominate force of a team.

 

[.s31t]

Some people care where they want to play and don't care about money much. That is McDyess he has a family in Detroit loves the city and wants to retire there, so I don't blame him.

I thought McDyess had family OKC?
They're saying he could slip into OKC..

 

[RipCity32]

I hope he comes back, from the look of things we could use em.

 

[A.E]

McDyess officially cleared waivers yesterday.

Free to sign anywhere he please, but cannot sign with Pistons until December 7th.