Usman Garuba closed an agreement with him Real Madrid to pay your rescission clause and will play next season in the Houston Rockets, the franchise of the NBA who chose you in first round of the draft with number 23 on July 29. After several days of intense negotiations, the club agreed that he can pay his termination clause in installments and the player will be able to fulfill his dream.
Ascending termination clause
To the Spanish power forward of 2.03 m and 19 years He had three years left on his contract with the white team, until 2024, and this year his release clause was three million euros, which increased to four next season and five in two. If you wanted to go to NBAAs was his wish, he must undertake his departure now … or wait three years.
His rookie contract with the Rockets you guarantees the first two years at the rate of $ 1,961,100 the first course Y 2,059,360 the second, in total just over four million dollars, which prevented him from undertaking his exit clause one-time payment, despite the fact that Rockets can help you by law with a maximum of $ 775,000 So what taxation in Texas, of just 30%, It is one of the best in the United States.
Real Madrid will keep its rights in Europe
The Real Madrid He had assumed his departure even before the draft took place, and after signing the French pivot last season Vincent Poirier to accompany Walter Tavares, a few weeks ago he closed the hiring of the Frenchman Guerschon Yabusele, power forward of 2.03 m and 25 years old who plays in exactly the same position as Garuba and has a prominent physique, like him. What’s more, the whites secured Garuba’s rights in case one day he decides to return to Europe.
Everyone who knows me knows that it is a dream for me since I was little, I want to go there and give it my all, as I have always done
Garuba In this way, he will be able to fulfill his dream, something that he has never hidden and that he reiterated again after being chosen in the draft: “I am very happy and grateful to have been drafted by the NBA. Everyone who knows me knows that it is a dream for me since I was little. I have not been able to sleep much because I was very nervous, but when my name came up I was relieved. I want to go there and give it my all, like I always have“.