Llull’s NBA buy out at 12 million euros according to “Marca”

2016-10-05T16:05:14+00:00 2016-10-05T16:10:45+00:00.

Aris Barkas

05/Oct/16 16:05

Eurohoops.net

After his amazing performance against the Oklahoma City Thunder, the rumors of Houston Rockets trying to lure Sergio Llull to the NBA once again appeared, but the price of his buy out is mind-boggling

By Aris Barkas/ barkas@eurohoops.net

After his amazing performance against the Oklahoma City Thunder, the rumors of Houston Rockets trying to lure Sergio Llull to the NBA once again appeared.

However, according to Spanish sports newspaper “Marca” the buy out of his contract practically locks the Spanish guard in Madrid. Llull recently signed a new contract extension until 2021 and according to “Marca” the NBA out clause in it includes a 12 million euros buy out, more than doubling his old 5 million euros buy out clause.

It’s an amazing amount of money, specially compared to the $500.000 that every NBA team can spend according to the league rules for a buy out and of course a record number for such clauses. If the player has to pay the rest of the buy out from his pockets, as the rules dictate, then he will have to be paid for more than $20 million and in the end he will have to give all the money left from taxes to Real Madrid.

That’s why Real Madrid‘s basketball director Juan Carlos Sánchez didn’t hesitate to say: “Llull decided that his future is here, that’s essential and he is comfortable in Madrid “.

The biggest NBA buy out recently paid is rumored to be 3 million euros also to Real Madrid by Sergio Rodriguez in order to join the Sixers.

×