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Real Madrid to get at least €3M buyout for Garuba / News - Basketnews.com

nqajqrqw7months ago (05-17)Tennis Life190
Credit: ZUMA Press Scanpix Credit ZUMA Press Scanpix

Real Madrid will receive a significant buyout if Usman Garuba moves to the NBA. At this moment, his contract with Real includes an NBA buyout clause of 3 million euros, per BasketNewssources.

Usman Garuba

Usman  GarubaPosition:C, PFAge:19Height:203 cmWeight:104 kgBirth place:Madrid, SpainProfileNewsStatistics

If a 19-year-old forward moves to the NBA this summer, he'll need to pay around €2.345M out of his own pocket. This year NBA teams are allowed to cover $775K (€655K) of the buyout.

According to BasketNews sources, if Garuba transfers to the NBA in summer 2022, it will cost him an additional €1M. Every other season in Europe will increase his buyout by another €1M.

Garuba's contract with Real Madrid expires in 2025. For example, if Garuba went to the NBA in 2024, Real would receive €6M.

ESPN's Jonathan Givony projects Garuba as a potential No. 19 overall pick of the 2021 NBA Draft.

Per the NBA rookie scale, the No. 19 overall pick is projected to earn around $2.3M (before taxes) in his rookie season 2021-2022.

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