Fultz4thewin 2,464 Report post Posted June 29, 2015 Barcelona kept the rights to him in case of an unexpected quick return in Europe. Anyone care to go into detail on what this means? Don't like the way that sounds. Basically, if he hates it here and goes back to Europe he can't sign with a rival team. They're just protecting their interest. Share this post Link to post Share on other sites
Magicman28 295 Report post Posted June 29, 2015 Basically, if he hates it here and goes back to Europe he can't sign with a rival team. They're just protecting their interest. Gotcha. Thanks. Share this post Link to post Share on other sites
masazasm2 16 Report post Posted June 29, 2015 Barcelona kept the rights to him in case of an unexpected quick return in Europe. Anyone care to go into detail on what this means? Don't like the way that sounds. I'm guessing it means of he ever goes back to the euroleague they have his rights. Share this post Link to post Share on other sites
Fultz4thewin 2,464 Report post Posted June 29, 2015 Gotcha. Thanks. Yeah, furthermore his buyout was initially $2 million and likely held limited European rights provisions. It looks like they negotiated down to $1.6 and gave Barcelona additional considerations as part of the reduction. We'll probably provide the full $500,000 we're legally able to provide as part of the buyout and probably a decent chunk of his signing bonus will be sent over there. The rest will probably be taken care of through a low interest loan. Share this post Link to post Share on other sites
Soul Bro 1,419 Report post Posted June 29, 2015 http://t.co/JDeo7z5lIj KAPAYA!!! Share this post Link to post Share on other sites
masazasm2 16 Report post Posted June 29, 2015 Yeah, furthermore his buyout was initially $2 million and likely held limited European rights provisions. It looks like they negotiated down to $1.6 and gave Barcelona additional considerations as part of the reduction. We'll probably provide the full $500,000 we're legally able to provide as part of the buyout and probably a decent chunk of his signing bonus will be sent over there. The rest will probably be taken care of through a low interest loan. The magic are allowed to contribute $625,000 Share this post Link to post Share on other sites
Fultz4thewin 2,464 Report post Posted June 29, 2015 The magic are allowed to contribute $625,000 Are we sure about that? I think you're talking about the situation with saric. Philly can offer him the 625 because this is the second year since he's been drafted. Share this post Link to post Share on other sites
MagicFanInNevada 51 Report post Posted June 29, 2015 KAPAYA!!! Very nice thank you Share this post Link to post Share on other sites
masazasm2 16 Report post Posted June 29, 2015 Are we sure about that? I think you're talking about the situation with saric. Philly can offer him the 625 because this is the second year since he's been drafted. That's what Rob said in the interview after the draft. An NBA team may contribute up to $625,000 for the 2015-16 season toward an international player’s buyout without that money being charged to the NBA team’s salary. http://www.orlandosentinel.com/sports/orlando-magic/magic-basketblog/os-mbb-mario-hezonja-buyout-20150627-post.html Share this post Link to post Share on other sites
Fultz4thewin 2,464 Report post Posted June 29, 2015 That's what Rob said in the interview after the draft. An NBA team may contribute up to $625,000 for the 2015-16 season toward an international player’s buyout without that money being charged to the NBA team’s salary. http://www.orlandosentinel.com/sports/orlando-magic/magic-basketblog/os-mbb-mario-hezonja-buyout-20150627-post.html Yeah found it in the faq. Buyout amount increases 25k every year. Apparently I'm still living in 2010 Share this post Link to post Share on other sites
