Richard Hamilton will not get bought out.
There's no way that the Pistons will eat any portion of his remaining contract, with a potential sale pending. Nor will Rip leave millions of dollars on the table.
Then why does it keep getting talked about among those in the know?
Lockout or not, I think Rip would have a very good chance of making $12-13 mil over the next two years. Right now, he's probably thinking about rotting away the last of his basketball prime on the bench of a bad Detroit team, or showing the world what he can do and landing a new contract with a team that wants him.
If you were stuck in a miserable job with a killer paycheck and you had a chance at breaking even by combining a lowball early retirement offer with a less lucrative but more enjoyable new job, wouldn't you do it?
I completely disagree. Your real world analogy really doesn't work, since in most of our jobs, being 33 (yes, Rip's age), isn't towards the end of our careers.
While I'd like to believe, let's look at the fact. There's going to be a new CBA that will likely drive down contracts, or at least the cap, preventing teams from spending big money on free agents.
Combine that fact with the fact that he's just two years younger than Ray, a player who has had a significantly better career, especially over the past few years.
Furthermore, who would actually pay Rip 12-13 million a year? The only teams that would be interested in him would be contenders already the cap. Young teams with space aren't going to invest that kind of money in a guy in the twilight of his career.
I'd love to be wrong, I just don't see it happening.