Real Madrid to get at least €3M buyout for Garuba / News - Basketnews.com
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
Position:C, PFAge:19Height:203 cmWeight:104 kgBirth place:Madrid, SpainProfileNewsStatisticsIf 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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