NBA

Serge Ibaka, Daniel Theis waive bonuses to complete trades

USA Today

Serge Ibaka and Daniel Theis each waived their trade bonuses in order to complete their trades to the Bucks and Celtics.

Ibaka could reportedly made up to an extra $400,000 heading from LA to Milwaukee, but it could have made completing the deal more complicated from a salary-matching perspective.

Theis forfeited even a bigger chunk of a bonus of over $3,000,000 to get from Houston to Boston.

The Celtics were looking for financial flexibility under the luxury tax if Theis hadn’t forfeited his bonus.

Ibaka may seem a decent role in Milwaukee, and the same could go for Theis in Boston.

Leave a Reply