Departures at Baskonia Cost the Club 3 Million Euros
The departures of Pablo Laso, Paolo Galbiati and Markus Howard at Baskonia are reported to have cost the club about 3 million euros in total. According to Basque media, the biggest burden is the compensation owed to Howard, whose contract was terminated.
According to a report by El Correo, a Basque media outlet, EuroLeague club Baskonia faces compensation payments of about 3 million euros.
The club first parted ways with Markus Howard, the team's most successful player, this season, followed by coach Paolo Galbiati. The team has lost nine of the 10 EuroLeague games it has played and is going through a difficult period.
Baskonia terminated coach Pablo Laso's contract last year. According to the report, about 1 million euros in compensation will be paid for these two coaches.
The heaviest financial blow comes from the termination of Howard's contract. Howard, who had two years left on his deal, will receive 2 million euros in compensation. The total cost of the three departures is calculated at about 3 million euros.
Comments (0)
Be the first to comment.
Log in to comment.