From David Aldridge:
Free agent forward Fabricio Oberto will decide on an NBA team by next week, according to his agent, Herb Rudoy, with the Washington Wizards favored to sign him. Oberto, who is at home in his native Argentina deciding what he will do, has also mullng whether to return to the San Antonio Spurs, who sent him to Milwaukee in late June in the Richard Jefferson trade. However, a league source said Wednesday that the Spurs, while keeping their options open, are looking in another direction.
The Wizards have offered Oberto their bi-annual exception, set for next season at $1.99 million. That amount, combined with the $1.9 million that was guaranteed on Oberto's deal next season, would make the four-year NBA veteran financially whole for next year. Despite good Vegas Summer League play from young forwards JaVale McGee and Andray Blatche, Washington still believes it has a gaping need for a veteran big to back up center Brendan Haywood next season.
"He knows he wants to go where he can play on a team that has a chance to win," Rudoy said.
The whole article is here:
http://www.nba.com/2009/news/features/d ... index.htmlDoes the bolded section mean that the only portion of Oberto's salary that the WIz would be responsible for would be the luxtax payment, since the Bucks essentially owe him the biennial exception?
And by the way, it's biennial, not bi-annual. Bi-annual means twice a year. Biennial means every two years. (Semi-annual means every half year). Drives me crazy. Read, people!