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Report: Kristic has $1 Million Buyout
Posted By HOOPSWORLD On September 16, 2011 @ 3:11 pm In All,Headlines,NBA Headlines | No Comments
Contrary to prior reports, Nenad Krstic does have a buyout clause in his two-year contract with CSKA Moscow, and it’ll cost him $1 million to return to the NBA for the 2012-13 season.
Krstic revealed the buyout terms Friday in an exclusive interview with SheridanHoops.com following Serbia’s 87-77 loss to Greece in a classification game at EuroBasket. The loss cost the Serbs a chance to qualify for the 2012 Olympics at next summer’s pre-Olympic tournament in early July.
“Actually I have a one plus one,” Krstic told SheridanHoops. “So after the first year I can go back to the NBA. It’s my option, the second year. I can stay if I want, or if I have offers from the NBA I can accept them.”
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