Sixers, Jerryd Bayless Considering Buyout Agreement

The Sixers and Jerryd Bayless are “strongly” considering a buyout agreement, according to Jordan Schultz of Yahoo Sports (Twitter link). The point guard is owed nearly $9MM this upcoming season.

Schultz adds that Bayless will garner interest from several teams if he hits the open market this summer. The 29-year-old played in 39 games this past season, scoring 7.9 points per game while shooting 37.0 from downtown.

Philadelphia is meeting with LeBron James‘ representatives today, though it doesn’t quite have the available salary cap space to offer him a full max, estimated at $35.6MM. Agreeing to a buyout with Bayless will help them to get closer to that figure. The stretch provision is an option for the team even if Bayless agrees to a lesser salary figure in a parting agreement, as the same rules apply for a player’s buyout salary it does for a traditional contract.

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