Bulls Buy Out Williams Contract: The Chicago Bulls have waived Jay Williams, the guard who has missed this entire season with injuries sustained in a June motorcycle accident. As part of the agreement, the Bulls will pay Williams $3 million of the $7.7 million remaining on his contract, despite the fact that Williams violated the provision in his contract prohibiting use of motorcycles. Williams is currently rehabilitating at Duke, where he played three years of college basketball.



On a personal note, I met Williams several times while we both were at Duke. He is one of the nicest people you could ever meet, and I wish him the best in his attempt to recover and return to the NBA.

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