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Attempting to negotiate and draft a buyout agreement for a member after the LLC is doing business can be difficult and result in costly litigation if the members are unable to reach an agreement.
Luol Deng and the Lakers reached an agreement to buy out the final two years of the veteran forward's four-year, $72 million contract, sources told ESPN.
Inogen, Inc. INGN recently announced its entry into a definitive agreement to acquire a privately-held France-headquartered company, Physio-Assist SAS. The buyout is aimed at diversifying Inogen ...
Ayton, 26, was set to earn $35.6 million in the final year of his contract. He'll become an unrestricted free agent after he ...
Luol Deng agreed to a significant give-back of $7.5 million in his contract buyout with the Lakers, clearing $38 million in salary cap space for 2019 free agency, league sources told ESPN.
Veteran point guard Ricky Rubio gave up $5.4M in his buyout agreement with the Cavaliers, according to reports from Michael Scotto of HoopsHype, Keith Smith of Spotrac and Bobby Marks of ESPN.
With a contract buyout agreement between the Phoenix Suns and Bradley Beal’s $110 million salary to be completed in the coming days, teams are already lining up to sign the three-time All-Star.