(02-15-2022, 04:08 PM)burekemde Wrote: Could anyone explain me what a buyout is in the NBA? Why does Dragic need to buy out?
Player and team sign a contract. Team is obliged to pay the contract to the player in full. Team and player can agree that team buys out (pay him and endthe contract) the player, because they have no intention to play him anyway. This gives the player the option to play for someone else. The club doesn't really lose anything, because they didn't want to play the guy anyway. This is very often with rebuilding teams, that want to try out or develop young palyers and have no need for old vets.
Player can leave some of the money to the team in the buyout deal, because it is also in his benefit to be released.
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