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Contractbuyout

All articles tagged with #contractbuyout

sports2 years ago

Ricky Rubio Bids Farewell to NBA, Citing Mental Health After Cavaliers Buyout

Ricky Rubio, after a 12-year NBA career and a recent focus on his mental health, has announced his retirement from the NBA following a contract buyout with the Cleveland Cavaliers. Rubio expressed gratitude to the teams he played for and gave a special shout-out to the Cavs for their support and understanding. The buyout will provide the Cavs with financial flexibility, potentially allowing them to sign a new player or convert a two-way contract. Rubio's impact on the team was highlighted by Cavs' president of basketball operations, Koby Altman, who praised Rubio's leadership and mentorship. Rubio's future in professional basketball remains uncertain, but if he continues, it may be in his native Spain.

via cleveland.com|
##clevelandcavaliers#contractbuyout
sports2 years ago

"Ricky Rubio Retires from NBA, Cavaliers Finalize Buyout Amidst Mental Health Reflections"

Ricky Rubio, after reaching a buyout agreement with the Cleveland Cavaliers, has announced his retirement from the NBA. The 33-year-old guard, who has not played this season due to mental health reasons, was owed a significant portion of his contract for the current and next season. His retirement follows a 12-year NBA career with four teams, during which he averaged 10.8 points, 4.1 rebounds, and 7.4 assists over 698 games. The Cavaliers will now have increased financial flexibility and may look to sign players to 10-day contracts to address current roster shortages due to injuries.

via hoopsrumors.com|
##basketball#clevelandcavaliers
sports2 years ago

"Ricky Rubio Parts Ways with Cavaliers, Paving Way for Potential LeVert Trades"

Ricky Rubio and the Cleveland Cavaliers have agreed to a contract buyout, with Rubio likely ending his 12-year NBA career to focus on his mental health. The buyout frees up financial space for the Cavaliers and adds an extra roster spot. Rubio, who has been dealing with a torn ACL and mental health issues, may continue his basketball career in Spain, where he began as a prodigy at age 14. Throughout his NBA tenure, Rubio averaged 10.8 points and 7.4 assists and was known as a favorite teammate among stars like Kevin Love and Donovan Mitchell.

via ESPN|
##clevelandcavaliers#contractbuyout