Advertisement
UK markets open in 2 hours 5 minutes
  • NIKKEI 225

    37,726.96
    -733.12 (-1.91%)
     
  • HANG SENG

    17,295.93
    +94.66 (+0.55%)
     
  • CRUDE OIL

    82.94
    +0.13 (+0.16%)
     
  • GOLD FUTURES

    2,325.90
    -12.50 (-0.53%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • Bitcoin GBP

    51,593.07
    -2,140.50 (-3.98%)
     
  • CMC Crypto 200

    1,389.68
    -34.42 (-2.42%)
     
  • NASDAQ Composite

    15,712.75
    +16.11 (+0.10%)
     
  • UK FTSE All Share

    4,374.06
    -4.69 (-0.11%)
     

Spurs reach buyout with forward LaMarcus Aldridge, reportedly worth $5.8M

The San Antonio Spurs announced they reached a buyout with forward LaMarcus Aldridge, allowing him to become an unrestricted free agent. The buyout is reportedly worth $5.8 million, according to ESPN's Adrian Wojnarowski.

Aldridge and the Spurs mutually agreed to part ways earlier this month, according to head coach Gregg Popovich.

Aldridge signed a four-year, $80 million contract with the Spurs in 2015 after playing his first nine seasons in Portland. The Spurs went 67-15 in Aldridge’s first season, playing alongside Kawhi Leonard, Tim Duncan and Tony Parker. San Antonio’s 22-year consecutive playoff streak was snapped last season as the Spurs failed to make the postseason following the restart of the 2019-20 NBA season.

During the hiatus, Aldridge underwent shoulder surgery and missed the remainder of the season. Aldridge is averaging 13.7 points and 4.5 rebounds per game, shooting 46.4% from the field and 36% from three.

ADVERTISEMENT

Prior to the decision to part ways, Aldridge had missed eight of 11 games due to a hip injury and illness. He will be an unrestricted free agent this offseason.

PORTLAND, OREGON - JANUARY 18: LaMarcus Aldridge #12 of the San Antonio Spurs warms up before their game against the Portland Trail Blazers at Moda Center on January 18, 2021 in Portland, Oregon. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Abbie Parr/Getty Images)
LaMarcus Aldridge and the San Antonio Spurs mutually agreed to part ways earlier this month. (Abbie Parr/Getty Images) (Abbie Parr via Getty Images)

More from Yahoo Sports: