Wed Jan 06, 2010 11:55 am
EAST RUTHERFORD, N.J. (AP) -- The struggling New Jersey Nets reached a buyout agreement with Rafer Alston on Tuesday and waived the 33-year-old point guard.
Alston was in the final year of a contract that was to pay him $5.2 million this season. The two sides did not disclose the buyout payment.
Alston averaged 9.7 points and 3.9 assists in 27 games, including 13 starts.
Nets coach and general manager Kiki Vandeweghe said that Alston was a consummate professional in a season that opened with an NBA-record 18 straight losses.
"To me he was clearly in a situation that was tough for him," Vandeweghe said. "He's been a star, a starter for most of his career and played in the championship series last year, and has a lot more basketball in him. To be able to set up a situation where he potentially can get to a place where he wants to go and out of a situation that is not good for him is, I think, is clearly good for everybody."
Vandeweghe said that Alston never complained and only recently came to him to discuss a buyout.
Dan Fegan, Alston's agent, did not immediately return a telephone call from The Associated Press seeking comment.
The Nets acquired Alston, shooting guard Courtney Lee and power forward Tony Battie from Orlando in a draft-day trade that sent eight-time All-Star guard Vince Carter and forward Ryan Anderson to the Magic.
With Alston gone, Nets swing deal for Heat's Quinn
MIAMI (AP) -- The Miami Heat traded point guard Chris Quinn to the New Jersey Nets on Tuesday, a move that could be a precursor to Rafer Alston's return to South Florida.
Alston agreed to a buyout agreement with the Nets earlier Tuesday, and two people familiar with the situation told The Associated Press that the guard is hoping to sign with the Heat later this week. If Alston clears waivers Thursday at 6 p.m., he could sign with any team.
Quinn was sent in exchange for a second-round pick in 2012. Miami could get New Jersey's second-round draft pick this year, provided it's not between picks 31-50.
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Fri Jan 08, 2010 1:37 pm
MIAMI (AP) -- Rafer Alston got his wish, signing with the Miami Heat for the remainder of the season and getting the chance to play alongside Dwyane Wade again.
The 33-year-old point guard cleared waivers at 6 p.m. Thursday, and the Heat announced the signing about an hour later. Alston will be with the team when it opens a six-game road trip Friday in Phoenix.
Alston, who started all 23 playoff games with Orlando last season when the Magic reached the NBA finals, played with the Heat in 2003-04 -- Wade's rookie season. Alston's contract with the New Jersey Nets was bought out Tuesday, and he made it clear right away that Miami was atop his list of teams to join.
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