The Wizards are expected to be active in the trade market in the coming weeks and a source told the Washington Post that they aren't likely to get equal value in deals.
Washington is looking for salary cap relief, young players and/or draft picks in trades.
Players such as Antawn Jamison, Caron Butler, Brendan Haywood and Mike Miller have been receiving attention on the market.
"I'd use my assets to get off salary and try to restructure the whole thing," one Western Conference general manager said. "It didn't work. Push the reset button and try to create as much room as possible."