View Full Version : Nets/Childs agree to buyout

03-07-2003, 09:38 AM
Nets, Childs agree to buyout

March 7, 2003

EAST RUTHERFORD, N.J. (AP) -- New Jersey Nets point guard Chris Childs has agreed to a buyout offer, ending his unproductive second stint with the team.

Childs, suspended by the Nets before the start of the season for failing to stay in shape, was expected to be waived Friday, pending approval by the NBA.

``It looked very good on paper, but it did not work out very well for different reasons,'' Nets president Rod Thorn told The New York Times on Thursday.

The 35-year-old Childs signed as a free agent Aug. 1, agreeing to a two-year, $3.5 million deal. He appeared in only 12 games, averaging 1.3 points and 8.8 minutes.

``It was disappointing to both sides that this didn't work out as much as we thought it would,'' Childs' agent, Lon Babby, told the Times. ``There is no acrimony.''

Childs spent his first two NBA seasons with New Jersey, averaging a career-high 12.8 points and 7.0 assists in 1995-96. He moved on to the New York Knicks the following season and was traded to Toronto during the 2000-01 season.