Andrew Bogut, Jose Calderon Finalize Buyouts

Andrew Bogut and Jose Calderon have completed their buyouts, according to Shams Charania of The Vertical (Twitter links). Per Marc Stein of ESPN, neither player can sign with a team until clearing waivers Wednesday. While Bogut is likely to join the Cavs, he will hold talks with the Spurs, Rockets, and Celtics before reaching a decision (Twitter links).

Both the Lakers and Sixers have announced the transactions via press release. Now presumed to join the Warriors, Calderon and his agent released a statement commending the Lakers’ accommodation.

“I’m very appreciative of the Lakers doing this,” Mark Bartelstein told Mark Medina of the L.A. Daily News. “This is something we had gone to them and talked about since Jose wasn’t playing much…I’m very appreciative of Magic [Johnson] doing this. Jose’s got a lot of basketball left in him and can play at a high level. But with the Lakers being in a rebuilding state, it didn’t make sense from a playing perspective.”

Joe Vardon of Cleveland.com discussed obstacles in Bogut’s path to Cleveland, noting Houston’s interest in the Australian big man. Following their signing of Isaiah Taylor, the Rockets should have more than $3MM of cap space to offer Bogut.

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