Tag Archives: Buyout

Blake Griffin agrees to contract buyout with Pistons; Nets are favorites to sign him, per report

Blake Griffin’s playing days with the Detroit Pistons are now over. On Friday, the six-time All-Star agreed to a contract buyout with the Pistons, the team announced. Griffin, 31, will now be an unrestricted free agent and will be able to sign with any team. Several top contenders are interested in adding Griffin for the playoff push, but the Nets are the favorites to sign him, per The Athletic’s Shams Charania. 

The former No. 1 overall pick hasn’t suited up for the Pistons since Feb. 12, as both sides agreed that he would remain out of the lineup until the team facilitated a trade for him or they agreed to a buyout. The Pistons are in the midst of a rebuild, while Griffin wants to have the opportunity to compete for a championship at this point in his career. “I am grateful to the Pistons for understanding what I want to accomplish in my career and for working together on the best path forward,” Griffin said in a statement last month. 

Though they tried, the Pistons were ultimately unable to find a trade partner for Griffin due to the sheer size of his contract, which included a player option worth nearly $39 million for next season before the buyout. As part of his buyout agreement, Griffin agreed to give back $13.3 million in salary, per Charania. 

At this point in his career, Griffin is just clearly not the player that he once was. Griffin was once an athletic high flyer, but injury issues have taken a toll. Now he’s been largely relegated to the role of floor spacer, as over half of his field-goal attempts per game this season have come from beyond the arc. He’s averaging a career-low 12.3 points per game while shooting just 36 percent from the floor on the season, and he’s also pulling in just 5.2 rebounds per performance.  

The Pistons couldn’t find a team willing to take on the remainder of Griffin’s contract, but now that he’s headed for free agency Griffin will have several suitors. The Brooklyn Nets, Miami Heat, Golden State Warriors, Boston Celtics, Los Angeles Clippers and Los Angeles Lakers are among the teams that have already expressed interest in Griffin, according to Marc Stein of The New York Times.

Griffin was traded to Detroit from the Los Angeles Clippers in January of 2018 and he made the All-Star team as a member of the Pistons during the 2018-19 season. However, injury issues held him to just 38 total appearances over the past two seasons. While he’s not the 20-point and 10-rebound per game player that he once was, Griffin could still be productive for stretches, and he could potentially provide a nice bench boost for a contending team. 

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Blake Griffin a free agent after Pistons buyout

Blake Griffin will be free to sign with the Nets or another interested NBA team after agreeing to a contract buyout with the Detroit Pistons.

The Nets are “believed to be [the] leaders” to add Griffin, Shams Charania of The Athletic tweeted, adding “rival teams with interest are expecting Griffin to choose [Brooklyn] as a title favorite for chance to win a championship.”

The Lakers, Heat, Warriors and Clippers – his former team — are among those that have also expressed interest, according to the New York Times.

The 31-year-old Griffin hasn’t played since Feb. 12 while the Pistons attempted to trade him before the March 25 deadline, but they found no takers due to the remainder of his $36.6 million salary for this season and the $39 million he’s owed for 2021-22.

The Nets have won 10 of their last 11 games to enter the All-Star break with the second-best record in the Eastern Conference (24-13), a half-game behind Philadelphia.

Kevin Durant has missed the past nine games with a hamstring injury, and Steve Nash mostly has employed a smaller lineup with 6-4 Bruce Brown playing power forward.

Durant will sit out Sunday’s All-Star Game, but the Nets still will be represented by guards Kyrie Irving and James Harden.

Blake Griffin was released by the Pistons on March 5, 2021
Getty Images

After Griffin clears waivers on Sunday, the Nets could use their mid-level exception (around $5.6 million) to sign him as frontcourt depth behind Durant and DeAndre Jordan, a former teammate with the Clippers. Griffin also worked out with Durant over the summer in Los Angeles.

Griffin is averaging a career-low 12.3 points and 5.2 rebounds in 20 games this season. He was dealt by the Clippers to Detroit in 2018, during the first season of a five-year extension worth $171 million.



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Blake Griffin, Pistons agree to buyout

Blake Griffin and the Detroit Pistons agreed to a contract buyout, making the six-time All-Star an unrestricted free agent, ESPN’s Adrian Wojnarowski reported Friday.

Griffin has attracted interest from most of the league’s top playoff contenders, per ESPN. He’ll talk with the perspective teams before making a decision, per the report.

Griffin awaited trade, release since February

He had $36.6 million remaining on his contract this season and $39 million in 2021-22 before the buyout agreement, making it it a difficult trade for the Pistons to make. Griffin, 31, has been out of the Pistons lineup since Feb. 15 while the team worked on a trade or the eventual buyout. The trade deadline is March 25.

Griffin thanked the Pistons for “understanding what I want to accomplish in my career.” The star wants to play for a title and was traded to Detroit in 2017 after seven full seasons with the Los Angeles Clippers. He had signed a five-year, $171 million deal with the team the offseason prior to his trade. Detroit is currently looking to rebuild and develop younger talent under first-year manager Troy Weaver.

Griffin has returned from numerous surgeries and developed other parts of his game, but still fights his body. He hasn’t had a dunk since December 2019 before he underwent left knee surgery.

Prior to the benching, Griffin was averaging 12.3 points, 5.2 rebounds and 3.9 assists for the Pistons. Over his career he’s averaged 21.4 points, 8.7 rebounds and 4.4 percent. He’s a career 49.5 percent shooter.

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Blake Griffin to Be Held Out by Pistons amid Trade, Contract Buyout Rumors | Bleacher Report

Michael Dwyer/Associated Press

The Blake Griffin era in Detroit appears to be over. 

Both Griffin and the team announced Monday that the veteran forward would be held out of the lineup going forward, with ESPN’s Adrian Wojnarowski reporting that “the Pistons will continue to pursue trade scenarios involving Griffin, and talks on a contract buyout with his agent Sam Goldfeder of Excel Sports could eventually come into focus.”

Pistons general manager Troy Weaver told Woj:

“After extensive conversation with Blake’s representatives, it has been determined that we will begin working to facilitate a resolution regarding his future with the team that maximizes the interests of both parties. We respect all the effort Blake has put forth in Detroit and his career and will work to achieve a positive outcome for all involved.”

Griffin added in a statement: “I am grateful to the Pistons for understanding what I want to accomplish in my career and for working together on the best path forward.” 

Trading the 31-year-old will be tough. Generally when aging stars—or former stars, depending on whether you think Griffin’s struggles this year are a rough patch or his new normal—have huge contracts like Griffin, teams trying to deal them are able to make two types of moves:

  • Deal him for another player with an equally large and prohibitive contract. Think the Russell Westbrook-for-John Wall swap. 
  • Deal him to a team with salary-cap space to absorb the player’s large contract. Generally, you also part with some assets like young players or draft picks in such a deal.  

Both scenarios will be difficult for the Pistons to make work. The former is tricky for two reasons. One, Griffin is really struggling this year, averaging just 12.3 points and 5.2 rebounds per game while shooting 36.5 percent from the field. He wasn’t much better last year, posting 15.5 points and 4.7 rebounds per game while shooting an abysmal 35.2 percent from the field.  

It’s hard to market Griffin as a star at this point. A string of injuries have simply turned him into a shell of his former self, which included five All-Star Game appearances in his first six seasons. Maybe a new environment gets more out of him, but the Pistons aren’t going to get a major return for him based on his play. 

It gets even harder to deal him when you take into account his $36.5 million contract for this season or the $38.9 million player option for next year he’ll absolutely exercise. Even if you could find a player-for-player fit in a trade—let’s say the San Antonio Spurs wanted to move off the struggling LaMarcus Aldridge (14.1 PPG, 4.3 RPG, 47.6 FG percentage) and were willing to roll the dice on Griffin, hoping he was able to work his way closer to his previous form—matching the money would be tricky.

Aldridge, for instance, is making $24 million this season. San Antonio would have to throw another player into the deal to make the money work. But most teams likely see Griffin as a negative asset given the contract-to-production ratio you’re getting back.

Westbrook, for instance, averaged 27.2 points a season ago. The biggest concern with the 30-year-old Wall was that he was returning from an injury-lost season and might have lost some of his burst. He was still playing at a high level before that injury.

But the Pistons likely aren’t going to be interested in giving up assets to get off Griffin’s contract, either. They’re in a rebuild. If anything, they’d likely prefer to be the team getting assets in exchange for using cap space to absorb bad contracts in the short term.  

Given Griffin’s declining game and huge contract, the Pistons’ task is equivalent to trying to fire proton torpedoes in an exhaust port. First-year general manager Troy Weaver is going to need some serious Jedi mind tricks on this one, especially considering the buyout route isn’t ideal unless Griffin is willing to slash a huge portion of his salary. 

It seems unlikely Griffin will want to throw away that much money. It seems just as unlikely the Pistons will want to dispose of that much money without getting anything back in return. And if nothing else, the looming possibility of a buyout lessens Detroit’s leverage in trade talks. If Griffin might just become a free agent on the buyout market, why not wait it out?

It’s a tough situation for the Pistons and Griffin, but one they are now committed to figuring out after Monday’s news.



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