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Biyombo's buyout may be a little tougher than expected


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CHARLOTTE, N.C. (AP) -- Charlotte Bobcats draft pick Bismack Biyombo and his Spanish club have scheduled a mediation session Friday in hopes of settling a dispute over the contract buyout required before he'd be allowed to play in the NBA.

Jorge Sanz, spokesman for the Madrid-based team Fuenlabrada, said Biyombo has two seasons left on his deal and his buyout clause is more than $1.4 million. NBA rules say the Bobcats can't pay more than $500,000 toward a buyout.

While Sanz said the team has accepted and won't fight the 18-year-old Congo native's desire to leave, it expects to receive the buyout.

"We have to reach an agreement over the compensation for the club,'' Sanz said. "On July 1 there is a mediation session. We are asking for the million euros that is stated in his contract. If we don't reach an agreement, it will go to court and a judge will decide.''

Biyombo, who is in Charlotte working out this week, told reporters Friday he was a "free agent'' and the buyout wasn't a concern.

"I'm going to play in the NBA next season, for sure, 100 percent,'' Biyombo said.

Full Article: http://www.nba.com/2011/news/06/28/bismack-biyombo-contract-buyout.ap/index.html?ls=iref:nbahpt2

Biyombo's sure he is going to be here next year, but I am not 100% sure. All the other team has to do is require more than $500,000 for the buyout. Hopefully his other team respects his request to let him play for Charlotte this year (if we have a season this year).

I went ahead and figured out the amout of dollars for one million euros and it equals out to 1.4318 million dollars.

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