Earlier this week, we learned that the 76ers are considering season-ending knee surgery for Andrew Bynum, which would virtually guarantee that the team's big summer acquisition won't see the court in 2012/13. Acquiring Bynum was a sizable risk to begin with for Tony DiLeo and Rod Thorn as the center was entering his walk year and the club had no guarantees that he would re-up with them. Now, the Sixers are faced with the reality that they may have traded away Andre Iguodala, Nikola Vucevic, rookie Moe Harkless, and a protected first-round pick for nothing.
In business terms, Bynum could be viewed as a sunk cost. The 76ers paid a hefty price to land the hyper-talented big man and there's obviously a strong temptation to make the sacrifice worth something. However, if Bynum's knees are still cause for concern this summer, the Sixers might just be throwing good money after bad if they retain him. In a league where a banged-up Bynum could still command a massive deal, should the 76ers re-sign him or cut their losses?