The 76ers are strongly considering buying out the final year of Jerryd Bayless’ contract, according to multiple sources.
Yahoo Sports first reported the news.
One source told The Inquirer that Ned Cohen — the Sixers vice president of basketball operations — contacted Bayless’ representation, Jeff Schwartz, Sunday. The Sixers are exploring the possibility of a buyout if the team is unable to trade the guard, and even presented a buyout figure. Bayless is set to make $8.5 million during the upcoming season.
Another option would be to waive Bayless and stretch his salary over three years.