Found December 10, 2011 on Fantasy Basketball Guy:
According to, the Detroit Pistons are buying out the last year of Richard Hamilton’s significant contract, somewhere in the neighborhood of $17 million. Joe Dumars confirmed it, as did Rip’s Twitter account. As a Fantasy player, Rip has never been much of a factor, despite the fact that he was the star for the team for many years. He could score, but he didn’t shoot three pointers, didn’t grab rebounds, didn’t make assists or steals. His free throw percentage was stellar, but he didn’t really shoot enough of them to make an impact. Yahoo’s O-Rank always listed him far above his actual Fantasy worth. It’s hard to think that any other team would get him to improve his Fantasy stats, especially at his age, even if he were to be the starter. If he’s sitting around in the last round (especially in a deep league), he might be worth a glance.

AP source: Pistons parting ways with Hamilton

The Detroit Pistons have decided to part ways with Richard Hamilton. A person familiar with the situation told The Associated Press on Friday that terms of a buyout were still being negotiated. The person spoke on condition of anonymity because the team had not made an announcement. The 33-year-old Hamilton spent the last nine seasons with the Pistons, leading them to the 2004...

Pistons to Waive Rip Hamilton

The Detroit Free Press is reporting that the Detroit Pistons plan to waive longtime guard, Rip Hamilton and his $20 million remaining contract, effectively buying him out and making him available to sign with other teams.

Report: Pistons Waive Rip Hamilton

According to the Detroit Free Press, Rip Hamilton will be bought out by the Pistons: “Source: Rip Hamilton has been waived by the Pistons. Will be bought out. Not an amnesty transaction.”

Magic Waive Gilbert Arenas with Amnesty Clause; Pistons Cut Rip Hamilton

The new Amnesty Clause in the NBA labor agreement update claimed it’s first ever victim today. Gilbert Arenas of the Orlando Magic. Yes, “Hibachi,” “Agent 0,” or as I call him “shooty mcshootington” or “gunsy mcgunsington” walks away from the Magic with a cool $60+ million; without having to do a thing. The Magic get to take his albatross of a contract off their...

Hamilton buyout near finalized

The Chicago Bulls remain poised to sign veteran shooting guard Richard Hamilton once his buyout from the Detroit Pistons becomes official.

Bulls Zeroing In On Richard Hamilton

The Bulls are targeting Richard Hamilton, who was bought out by the Pistons.

Deal near for Hamilton

Pistons buying out shooting guard who fits Bulls' needThough hurdles remain, the Bulls are zeroing in on signing veteran guard Richard Hamilton, according to league sources.

Source: Bulls to pursue Hamilton; Rose a fan

The Chicago Bulls plan to pursue Rip Hamilton when he is bought out by the Detroit Pistons, according to a source familiar with the situation, and Derrick Rose said Hamilton would be a good fit.

Joe Dumars turns attention to negotiating Rodney Stuckey deal

With free agents Tayshaun Prince and Jonas Jerebko in the fold, rookies Brandon Knight and Vernon Macklin signed and Rip Hamilton waived, Pistons president Joe Dumars can turn his attention to restricted free agent Rodney Stuckey. The process isn't going smoothly, and there's a chance a team could present an offer sheet, which the Pistons would have three days to match.

Report: Tayshaun Prince to Re-Sign in Detroit for 4-Years, $27 Million

Yikes. Joe Dumars and the Detroit Pistons will reportedly bring back Tayshaun Prince for a boatload of money. Per Yahoo! Sports: “Tayshaun Prince will sign a four year, $27 million dollar deal to stay with Detroit, league sources tell Y! Sports.”

Pistons Re-Sign Forward Jonas Jerebko

Detroit Pistons President of Basketball Operations Joe Dumars announced today that the team has re-signed forward Jonas Jerebko.

'The Best Situation'

Tayshaun Prince never assumed his time with the Pistons was finished, and when Lawrence Frank joined Joe Dumars this week in making it clear he wanted him back, Prince surveyed his options and chose to remain a Piston, Keith Langlois writes for True Blue Pistons.
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