View Full Version : Garbo buyout, and other Spanish shenanigans...


Onion Knight
06-11-2008, 07:04 PM
http://www.thestar.com/Sports/NBA/article/441329

LOS ANGELES-Could Jorge Garbajosa's career as a Raptor be over?

Spanish media reports suggest the Raptors are trying to engineer a buyout of
the final year of Garbajosa's contract.

"We're still working on a resolution to the entire Garbo scenario,"
Toronto's president and general manager Bryan Colangelo said today.

Garbajosa is due to make $4.25 million this season in the final year of a
three-year contract.

The Spanish media reports did not suggest the financial terms of any buyout
being talked about.

The 31-year-old Garbajosa suffered a grisly leg and ankle injury in a game
in March, 2007 that set in motion the events that have led to this point.

He missed the last 15 games of the 2006-07 seasons and all but seven games
of the 2007-08 season recovering from a series of surgeries to repair the
damage.

The 6-9 forward did play for Spain in last summer's European championships,
against the wishes of the Raptors and only after the Spanish basketball
federation took out a $1 million insurance policy against him doing further
damage to his leg.

The Raptors have filed a lawsuit against the Spanish federation trying to
get some of the insurance money, although they suspended the suit last month
to try and reach a negotiated settlement.

Meanwhile, Garbajosa's Spanish compatriot, Jose Calderon, has officially
severed ties with his North American-based agent, George Bass, and is now
being represented only by his European agent, Paco Lopez Costell.


--
OK

ebrian
06-13-2008, 07:16 PM
On Jun 11, 2:04 pm, "Onion Knight" <dioneo(at)hotmail.com> wrote:
> http://www.thestar.com/Sports/NBA/article/441329
>
> LOS ANGELES-Could Jorge Garbajosa's career as a Raptor be over?
>
> Spanish media reports suggest the Raptors are trying to engineer a buyout of
> the final year of Garbajosa's contract.
>
> "We're still working on a resolution to the entire Garbo scenario,"
> Toronto's president and general manager Bryan Colangelo said today.
>
> Garbajosa is due to make $4.25 million this season in the final year of a
> three-year contract.
>
> The Spanish media reports did not suggest the financial terms of any buyout
> being talked about.
>
> The 31-year-old Garbajosa suffered a grisly leg and ankle injury in a game
> in March, 2007 that set in motion the events that have led to this point.
>
> He missed the last 15 games of the 2006-07 seasons and all but seven games
> of the 2007-08 season recovering from a series of surgeries to repair the
> damage.
>
> The 6-9 forward did play for Spain in last summer's European championships,
> against the wishes of the Raptors and only after the Spanish basketball
> federation took out a $1 million insurance policy against him doing further
> damage to his leg.
>
> The Raptors have filed a lawsuit against the Spanish federation trying to
> get some of the insurance money, although they suspended the suit last month
> to try and reach a negotiated settlement.
>
> Meanwhile, Garbajosa's Spanish compatriot, Jose Calderon, has officially
> severed ties with his North American-based agent, George Bass, and is now
> being represented only by his European agent, Paco Lopez Costell.
>
> --
> OK

It just means without an American agent, teams are gonna have a harder
time trying to sign Jose to an offer sheet. It means he's basically
committed to sticking with us.

That's a good thing.