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Blog Entry

Kenyon Martin reaches buyout with Chinese team

Posted on: December 21, 2011 12:17 pm
Edited on: December 21, 2011 12:19 pm
 
Posted by Royce Young

Kenyon Martin was one of a handful of NBA players that decided to sign in China, despite the Chinese Basketball Association installing a rule that didn't allow NBA opt-out clauses.

Players like Martin, J.R. Smith, Aaron Brooks and Wilson Chandler seem to be trapped in China until their season ends sometime in February or March.

Martin however, reached a buyout with his team Xinjiang, according to Yahoo! Sports. There's a catch though: As part of the agreement, Martin must honor the Chinese Basketball Association's rules and wait for the end of his team's season to return to the NBA. The CBA's regular season ends in February, but it's likely his team will play in the postseason, so it could be March.

Martin's deal with Xinjiang was worth a record $3 million.

This is massively important for Brooks, Smith and Chandler's situations as this has set the precedent for how their buyouts will be handled. I'd expect them to seek similar buyouts with their teams, but they won't be given clearance to return to the NBA until the end of their CBA season, meaning they done messed up by signing in China despite knowing the no opt-out clause.

There was an expection that Smith and Chandler would be released by their teams, but that doesn't appear to be happening.

Most players seemed to think that getting out of their Chinese contracts would work. Earl Clark did it, citing personal reasons to leave. But he did this while the lockout was still in place. The players wanting to leave now are leaving for the obvious reason to return to the NBA.

Why reach a buyout now and not just play out the season? Injury, obviously. Martin doesn't want to risk anything playing in China when he can become a free agent in March. He wants to get healthy and get ready to join a team, hopefully in time for a postseason run.
Comments
tarzan67
Since: Dec 22, 2011
Posted on: December 23, 2011 3:23 am
This comment has been removed.

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Since: Nov 27, 2011
Posted on: December 22, 2011 1:40 pm
 

Kenyon Martin reaches buyout with Chinese team

WHEN I FIRST READ ABOUT NBA PLAYERS WERE SIGNING WITH FOREIGN TEAMS , I THOGUHT THEY WERE A BUNCH OF IDIOTS....UPON HEARING THAT KENYON MARTIN WANTS TO RETURN TO THE NBA AND HAS PAID TO GET OUT OF HIS CHINESE CONTRACT BUT CAN'T RETURN BC THEY WON'T RELEASE HIM, IT APPEARS THAT KENYON HAS PROVED ME RIGHT.....THIS GUY IS THE BIGGEST IDIOT OF ALL.....WHO WILL MISS HIM ?????.....AN NBA TM ??....NBA FANS ?????,.....HIS CHINESE TM ?????.....AND THIS GUY WENT TO COLLEGE ??????.......GET THIS ARTICLE OFF THE SPORTS PAGES AND PUT IT ON THE LEGAL PAGES......



Since: Dec 22, 2011
Posted on: December 22, 2011 12:34 pm
 

Kenyon Martin reaches buyout with Chinese team

Kmart and JR went to China becuse they thought they would be smarter than everyone else..Have to give JR credit he figured out he had screwed up before the first game and tried to fake and injury.. Kmart just decided to show up and nothing more..

Denver is a far better team without these two head cases..If the Knicks don't sign Kmart might be the end of his career as he's old and his knees are shot..and now because of his lack of play he has to convince a team he can still play physically




Since: Nov 26, 2011
Posted on: December 21, 2011 11:35 pm
 

Kenyon Martin reaches buyout with Chinese team

nba players are gangsters



Since: Jul 25, 2011
Posted on: December 21, 2011 6:51 pm
 

Kenyon Martin reaches buyout with Chinese team

Kenyon needs a new attorney



Since: Dec 1, 2009
Posted on: December 21, 2011 6:26 pm
 

Kenyon Martin reaches buyout with Chinese team

"...yet further proof that these thugs and semi-literate morons think they are above the rules (in this case in the form of contracts).  they've been sppon fed the damning notion that their talents trump any of their actions and that they are somehow entitled to do only what they want, not what is required of them by the rules/laws/contracts.  I love sports as much as anyone, but when are we going to start sending a message that these primadonna a-holes will understand?!  Is the show they put on REALLY worth us paying these ethically challenged, morally bankrupt, criminally inclined mental midgets MILLIONS of dollars?! Really?  Lock them in their contracts or let them try to sell that skillset out in the real world; see how much they'd earn then.  And before anyone even starts that whole "the owners are the really guilty one" argument, stop it.  WE are the problem. WE pay for the tickets. WE generate that TV dollars. WE continue to support these despicable franchises.  Go watch a local high school game and try to remember why you actually like these SPORTS..."  --MeatHead

Having any Chianti with that liver of yours, dude?



Since: Oct 6, 2009
Posted on: December 21, 2011 6:16 pm
 

Kenyon Martin reaches buyout with Chinese team

Hardly anyone posting here signs a contract to work. If they do, then they too would have to negotiate a buyout if something better came along and would be at the mercy of the employer who holds the contract that they agreed too. It's no different for these bozo's, they took a gamble and lost.




Since: Dec 26, 2006
Posted on: December 21, 2011 5:30 pm
 

Kenyon Martin reaches buyout with Chinese team

You know what I find really funny, is how most Americans want different rules for athletes than the rest of us.  What contract that you sign with an employer can you not get out of?!?  Each and everyone of you, if out of work would take a job with a company and bail if another company offered you the same job at double, triple, or quadruple the pay in some cases... contract or not.  That is the American way!  So to cast dispersions at guys you don't like for doing something you would do yourself in their situation doesn't make you noble, it makes you a hypocrit! 



Since: Dec 12, 2011
Posted on: December 21, 2011 5:29 pm
 

Kenyon Martin reaches buyout with Chinese team

Lol... Hater Alert... Hater Alert... Money mouth



Since: May 12, 2011
Posted on: December 21, 2011 5:21 pm
 

Kenyon Martin reaches buyout with Chinese team

buncha dummies.... u gotta love em. They really know how to take it to the hole...Money mouth


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