How much was Andre Drummonds buyout?
How much was Andre Drummonds buyout?
Getty Images Lakers center Andre Drummond. The Los Angeles Lakers landed Andre Drummond for just peanuts after the two-time All-Star big man agreed to a contract buyout with the Cleveland Cavaliers. Drummond inked a deal with the Lakers for just $794,536 — the prorated veteran’s minimum.
Why did Andre Drummond get waived?
ESPN’s Adrian Wojnarowski reported earlier in the day that Drummond had planned to sign with the Lakers once he cleared waivers. The Cavaliers bought out Drummond on Friday after they were unable to find a viable trade for him due to teams needing to find a match for his $28.7 million contract. The Lakers are the No.
Who signed Andre Drummond?
The Philadelphia 76ers
The Philadelphia 76ers announced Wednesday they have signed Andre Drummond. Per multiple outlets, Drummond and the 76ers had agreed to a one-year, veteran’s minimum deal. Free agent C Andre Drummond has agreed to a one-year deal with the 76ers, source tells ESPN.
What does NBA contract buyout mean?
A buyout usually occurs when a player is in the final year of his contract, often a lucrative contract, and the player’s employer must decide whether to continue to pay the player’s salary for the rest of the season (whereby the player becomes a free agent that summer and can join a new team) or to proceed with a quid …
How did the Lakers get Drummond trade?
Andre Drummond has signed with the Los Angeles Lakers after securing a buyout from the Cleveland Cavaliers and clearing waivers, the Lakers announced on Sunday. 12, when the Cavaliers, fresh off acquiring Jarrett Allen to be their center of the future, benched him in an effort to preserve his trade value.
Why did the Cavaliers get rid of Drummond?
Multiple sources told The Athletic that Drummond was pulled from the lineup also in part due to his “attitude and play” recently, and sources say Cavaliers coach JB Bickerstaff has had multiple sit-down conversations with the big man. A big impediment to a trade: Drummond’s $28,751,774 salary (on an expiring contract).
Can the Lakers keep Drummond?
Los Angeles will, however, be able to pay more to Drummond via the taxpayer mid-level exception (projected at $5.9 million) or the non-taxpayer mid-level exception ($9.5 million). With Drummond at $9.5 million, it becomes impossible for the Lakers to keep the entire team together.
Can NBA players renegotiate contracts?
Can NBA players restructure contracts? Players can restructure their contracts under some conditions. Generally it is not accepted for teams to renegotiate contracts with their players between March 1 and June 30 of any year.
What is Kemba Walker’s contract?
Current Contract
| Year | Age | Base Salary |
|---|---|---|
| 2021-22 | 31 | $8,729,020 |
| 2022-23 | 32 | $9,165,471 |
| 2023 | 33 | UFA |
| Sources: Spotrac |
What is Andre Drummond’s new contract?
On his looming return to Philly and why his next move matters Andre Drummond signed a 1 year / $2,401,537 contract with the Philadelphia 76ers, including $2,401,537 guaranteed, and an annual average salary of $2,401,537.
Is Andre Drummond playing in the NBA?
The two-time All-Star center has not played in an NBA game since Feb. 12. Andre Drummond has agreed to a buyout of his contract with the Cavs. The Cleveland Cavaliers have officially reached a buyout agreement with Andre Drummond, the team announced. Drummond will become and unrestricted free agent once he clears waivers.
Did the Cavs buyout Andre Drummond?
Andre Drummond has agreed to a buyout of his contract with the Cavs. The Cleveland Cavaliers have officially reached a buyout agreement with Andre Drummond, the team announced. Drummond will become and unrestricted free agent once he clears waivers.
What does Andre Drummond’s signing mean for the Philadelphia 76ers?
One of the best big men on the free-agent market is headed back East. The Philadelphia 76ers announced Wednesday they have signed Andre Drummond. Per multiple outlets, Drummond and the 76ers had agreed to a one-year, veteran’s minimum deal.