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Buyout

All articles tagged with #buyout

Mavericks Clear Cap With Thompson Buyout as Biberovic Arrives
sports4 days ago

Mavericks Clear Cap With Thompson Buyout as Biberovic Arrives

Dallas cleared cap space by buying out Klay Thompson (roughly $9.8M of his $17.5M 2026–27 salary), allowing the team to sit about $11.8M under the luxury tax with 15 standard contracts and providing more trade flexibility; Thompson will be paid about $13M by the Heat over the next two years. The piece also notes Thompson’s steady professionalism amid Dallas’ roster turnover, including a controversial reference to Luka Dončić being traded for Anthony Davis, and reports the signing of Tarik Biberovic to a two-year, $6M deal, with coach Schmitz praising his size and shooting ability and vowing further integration.

via Hoops Rumors|
#buyout#klay-thompson#mavericks
Mavericks Buyout of Klay Thompson Brings Tiny Cap Relief
sports4 days ago

Mavericks Buyout of Klay Thompson Brings Tiny Cap Relief

Dallas bought out Klay Thompson’s final year ($17.5 million) to clear roster space after cap constraints prevented a trade, sending him to the Miami Heat. The move yields only modest cap relief for Dallas in 2026-27—roughly $3.9 million, potentially up to about $6.5 million if Thompson signs a new two-year deal—while the team remains over the soft cap and under the luxury tax due to a crowded 16 guaranteed contracts. The article argues the trade market was effectively closed by cap realities and criticizes the front office for accumulating assets that couldn’t be dumped.

via Mavs Moneyball|
#buyout#dallas-mavericks#klay-thompson
Klay Thompson lands with Heat after Dallas buyout
sports5 days ago

Klay Thompson lands with Heat after Dallas buyout

Dallas bought out Klay Thompson, clearing the way for a sign-and-join with the Miami Heat. Thompson, who averaged 11.7 points and shot 38.3% from three last season, provides Miami with a veteran floor-spacer as Dallas retools for the future. Terms of the buyout weren’t announced, but Thompson is expected to take a discount to keep his salary intact, and the Heat have two roster spots available as they finalize the arrangement.

via NBC Sports|
#buyout#dallas-mavericks#klay-thompson
Heat poised to add Klay Thompson after Mavericks buyout
sports5 days ago

Heat poised to add Klay Thompson after Mavericks buyout

Miami Heat move toward signing Klay Thompson after a Dallas Mavericks buyout clears the path; once he clears the 48-hour waiver window, Thompson is expected to join in free agency on a two-year deal starting above $6 million, significantly boosting the Heat’s floor spacing with elite 3-point shooting alongside Giannis Antetokounmpo and Bam Adebayo, with depth pieces lining up behind him.

via Sun Sentinel|
#buyout#dallas-mavericks#klay-thompson
Klay Thompson Heads to Miami on Two-Year Heat Deal After Mavericks Buyout
sports5 days ago

Klay Thompson Heads to Miami on Two-Year Heat Deal After Mavericks Buyout

After agreeing to a buyout with Dallas, Klay Thompson is set to sign a two-year deal worth about $13 million with the Miami Heat, with a 2027-28 player option, preserving cap flexibility for Miami. The move pairs Thompson with Bam Adebayo and the recently acquired Giannis Antetokounmpo as Miami seeks shooting and title contention. Minor details, like the exact salary and waiver clearance, remain to be finalized.

via Hoops Rumors|
#buyout#klay-thompson#mavericks
MSU taps Bartholomae as AD with $1.3M base salary
sports6 days ago

MSU taps Bartholomae as AD with $1.3M base salary

Michigan State named Dan Bartholomae as its new athletic director on a five-year deal with a $1.3 million base salary and total annual compensation just over $1.5 million, plus a $75,000 yearly raise; the hire follows Bartholomae’s Western Michigan tenure and comes amid complex buyouts related to previous AD transitions, including a $3.95 million Kentucky buyout for hiring Batt offset by Western Michigan’s $5.1 million buyout tied to Bartholomae’s extension; Batt left MSU for Kentucky after about a year, and MSU has not publicly released Bartholomae’s signed contract yet.

via The Detroit News|
#athletic-director-salary#buyout#contract-extension
KCP Heads to Philadelphia on One-Year Deal After Grizzlies Buyout
sports1 month ago

KCP Heads to Philadelphia on One-Year Deal After Grizzlies Buyout

Caldwell-Pope has agreed to a Memphis buyout and plans to sign a one-year veteran minimum contract with the Philadelphia 76ers after clearing waivers, per Shams Charania and Chris Haynes. The deal would pay about $3.88M with a $2.45M cap hit, adding veteran wing depth for Philly as they navigate hard-cap constraints and pursue LeBron James’ former teammate on the roster.

via Hoops Rumors|
#buyout#caldwell-pope#memphis-grizzlies
Sixers Target Veteran 3-and-D Wing Caldwell-Pope After Grizzlies Buyout
sports1 month ago

Sixers Target Veteran 3-and-D Wing Caldwell-Pope After Grizzlies Buyout

The Sixers, after rumors of LeBron James joining, are set to sign Kentavious Caldwell-Pope pending a buyout from the Memphis Grizzlies. Caldwell-Pope would add veteran 3-and-D depth to Philadelphia, who is trying to bolster their wing rotation. His recent stint in Memphis was below his career averages, but he brings championship pedigree from the Lakers/Nuggets. To sign him, Philly would need to clear cap space by waiving non-guaranteed contracts (Jabari Walker, Dalen Terry) and possibly Johni Broome, keeping options open on roster spots as they pursue veteran minimum signings.

via Liberty Ballers|
#buyout#kentavious-caldwell-pope#memphis-grizzlies
PayPal stock soars on Stripe-Advent buyout bid at $60.50 a share
business1 month ago

PayPal stock soars on Stripe-Advent buyout bid at $60.50 a share

PayPal stock jumped after Reuters reported that Stripe and private equity firm Advent International have submitted a buyout offer to acquire PayPal at $60.50 a share, valuing the company at more than $53 billion with a proposed 50/50 ownership split and about $50 billion in committed financing. PayPal and Stripe declined to comment, Advent did not respond, and the move comes amid fierce payments competition from Apple, Block, Stripe and BNPL firms; some investors, including Michael Burry, say the bid undervalues the company and would require a higher price to reflect a control premium.

via Yahoo Finance|
#acquisition#advent-international#business
UK Names J Batt as New Athletics Director, Set to Start July 28
sports1 month ago

UK Names J Batt as New Athletics Director, Set to Start July 28

UK announced that J Batt will become the university’s athletic director and CEO of Champions Blue LLC, with a July 28 start date to replace Mitch Barnhart, who retires June 30 and will receive over $3 million in severance; Batt’s transition includes a Michigan State buyout totaling about $3.95 million through July 1, 2027, a figure affected by a previously discussed MSU–Clemson move that ultimately did not occur.

via On3|
#buyout#college-athletics#j-batt
Batt's MSU exit buyout slashed as UK lures revenue-driven athletics chief
college-sports2 months ago

Batt's MSU exit buyout slashed as UK lures revenue-driven athletics chief

Michigan State reduced J Batt’s exit buyout from $5 million to $2.5 million after a contract clause triggered by MSU president Kevin Guskiewicz’s announcement of a move to Clemson; Batt then joined Kentucky as athletics director and CEO of Champions Blue, LLC, as UK eyes a broader revenue push and ongoing capital projects, building on past buyouts and settlements in the program’s evolving leadership and fundraising strategy.

via On3|
#buyout#college-athletics#college-sports
IMAX on the Auction Block: Who Could Buy the Premium Theater Tech
business3 months ago

IMAX on the Auction Block: Who Could Buy the Premium Theater Tech

IMAX is reportedly exploring a sale, sending shares higher though no formal bids have been made. CEO Rich Gelfond hinted a buyout is possible, and analysts view IMAX as an attractive, defensible asset for buyers ranging from private equity to Netflix, Apple and other tech or media players. With a market cap around $2.1B and a recent $39 stock price, IMAX posted a record $1.28B global box office last year and projects higher 2026 revenue, while expanding installations and diversifying beyond Hollywood through local-language and live-content offerings.

via CNBC|
#apple#business#buyout
GameStop CEO Sells Memorabilia on eBay to Back $125-a-Share Bid for eBay
business3 months ago

GameStop CEO Sells Memorabilia on eBay to Back $125-a-Share Bid for eBay

GameStop CEO Ryan Cohen is pursuing a takeover of eBay for more than $50 billion, proposing a $125-per-share cash-and-stock offer funded by about $20 billion in debt and GameStop’s cash. To help finance the bid, Cohen has listed 25 GameStop memorabilia items on eBay, including store signs and a carpet, each with a signed letter about the deal. The move follows his January pledge to seek a company to transform GameStop, and it has stirred market chatter as investors weigh the viability and potential leadership of a combined GameStop-eBay entity.

via GameSpot|
#business#buyout#debt-financing
Alabama Extends DeBoer with Seven-Year, $12.5M-a-Year Deal
sports4 months ago

Alabama Extends DeBoer with Seven-Year, $12.5M-a-Year Deal

Alabama’s Board of Trustees approved a seven-year extension for head coach Kalen DeBoer, boosting his annual salary to $12.5 million and placing him among the top five paid college football coaches; the deal includes a stepped buyout schedule of $10 million through January 2027, $8 million through January 2028, and $6 million through January 2029, and DeBoer reaffirmed his commitment to Alabama despite prior Michigan interest.

via On3|
#alabama#buyout#contract-extension