The Philadelphia 76ers and forward Danny Granger reached agreement on a buyout Wednesday that will allow Granger to sign with another team and be eligible for the postseason.

Granger will now choose between elite playoff teams looking to add the best possible player available. According to sources, Granger is looking at five teams: the Clippers, Rockets, Bulls, Heat and Spurs. He is expected to make his decision by Friday.

"A trade is never easy, especially when you have been with one team your entire career," Granger said Wednesday in a statement to "But, the professionalism, honesty, time and care the Philadelphia 76ers spent on my situation made me feel appreciated and confident we would reach a mutually beneficial resolution. I would personally like to thank the 76ers, General Manager Sam Hinkie, head coach Brett Brown and the rest of their organization for taking the time to get to know me, understand what I am looking for, and help me to find a result that makes the most sense for my future, as well as their own. While my time with the 76ers was brief, it was clear to me that they have the vision, leadership and plan to be very successful. I feel extremely grateful and wish the 76ers all the best."

Granger is looking for a team where he can rebuild his value after missing all but five games last season, including the playoffs, and the first chunk of this season rehabbing his surgically repaired knee.

Granger has relationships with each of the teams. His pre-draft workout was run by J.B. Bickerstaff, the Rockets' assistant coach. He has the same representatives, CAA, as the Clippers' Chris Paul, the Spurs' Tony Parker, and Miami's quartet of Dwyane Wade, Chris Bosh, Udonis Haslem and Chris Andersen. He has respect for the Spurs' organization, according to a source. And the Bulls are in the Central Division with the Pacers, which would afford him a chance to play against his old team.