Buyout Rumors

Sources told ESPN’s Adrian Wojnarowski and Ramona Shelburne that the Lakers intend to waive DeMarcus Cousins to clear a roster spot for Markieff Morris if he clears waivers on Sunday. The power forward negotiated a buyout with the Detroit Pistons on Friday, leaving $4.3 million in remaining salary for this season and next season on the table, according to ESPN’s Bobby Marks.
Mark Termini, the attorney/agent currently working as contract negotiator for the Klutch Sports Group, is perhaps the staunchest opponent of the buyout maneuver often pursued by NBA teams and players. Termini has not negotiated a buyout of an NBA contract during the course of his 30-plus years in the industry. It has been clear that Tristan Thompson wouldn’t be his first.
4 days ago via RealGM
“Buyouts are usually misunderstood by the player, and many times by the agent as well,” Termini told RealGM. “I’m open-minded, but I have not yet been presented with a situation where the benefits of the buyout outweigh the current and potential negatives to the player. Maybe I will see something in the future that makes sense. If a team wants to move on from a player, they always have the right to waive that player.”
4 days ago via RealGM