A source informed the Daily News late Tuesday night that Chris Webber and the Sixers had agreed on the terms of a buyout of the remainder of his contract, and that the details could be finalized as soon as Wednesday.
The source said that Webber, who will become a free agent, would give back less than $5 million in the deal. In his 14th NBA season, Webber is listed on the team’s salary cap at $20,718,750 this season and is due $22,312,500 next season.