View Single Post
Old 06-17-2009, 04:16 AM   #138
Icy
Pro Starter
 
Join Date: Sep 2003
Location: Toledo - Spain
The Spanish press is saying today that Oklahoma has hired the most prestigious Spanish Lawyers firm to investigate about Ricky Rubio's release clause and incoming lawsuit. Rubio has filled a lawsuit versus his actual team to lower his release clause.

He signed a contract for a $100k yearly payment and a $5.5Million release clause that he must pay to end his contract early.

There are precedents of other sport men winning similar lawsuits as even if they agree and sign a contract like that, the huge difference between the salary and the release clause makes it illegal, and usually the judge lowers that release clause to something more fair (that should be around $3M).

Oklahoma seems really interested on him at #3 and that is why they want to know everything about the Spanish laws to avoid any future problem.
__________________

Icy is offline   Reply With Quote