Sixers, Danny Granger agree on buyout

According to Philly.com, “The Danny Granger Era in Philadelphia ended quicker than Andrew Bynum’s. As expected, the 76ers and Granger agreed to a contract buyout on Wednesday. The team announced the deal before the 76ers took the floor against the Orlando Magic at the Wells Fargo Center.”

According to the Philadelphia Inquirer, “The 76ers negotiated a buyout of what’s left of the forward’s expiring contract on Wednesday, six days after he was acquired in a trade with the Indiana Pacers. Sixers general manager Sam Hinkie wouldn’t disclose the buyout amount. Granger, however, was slated to receive around $4 million for the rest of the season. Assuming he clears waivers by 5 p.m. Friday, the 6-foot-9, 228-pounder can sign with a team of his choice. He is reportedly looking at championship contenders: the Miami Heat, Los Angeles Clippers, Houston Rockets, Chicago Bulls, and San Antonio Spurs.”

And, here’s a statement from 76ers President of Basketball Operations and General Manager Sam Hinkie, regarding Danny Granger:

“His accomplishments and accolades to this point of his NBA career more than speak for themselves, so I would like to express that I have a great deal of respect for Danny Granger as a person. The manner with which he carried himself throughout this process was professional, courteous and respectful, and speaks volumes about his character.

“Following the completion of the trade on Thursday night, Danny traveled to Philadelphia and we had an opportunity to meet with him here. These were in addition to the open lines of communication with his agent Aaron Mintz and CAA while we worked through the next steps.

“Given Danny’s future goals and his desire to pursue them, we worked to fulfill his requests and have come to a resolution that we feel is mutually beneficial to both Danny and our organization.

“We wish Danny the best in the next phase of his career.”