Cornstein refused to get into the specifics but says the number “has not changed” since the contract was first signed. “It’s a manageable figure, but it has not been reduced.”
Cornstein added that the number is potentially negotiable, but it is still written in his contract as of this time.
Bogdanovic told NetsDaily in February that the buyout was $2 million.
Recent reports have pegged the buyout at $1 million and $570,000. A buyout under $575,000 would be payable entirely by the Brooklyn Nets, meaning that Bogdanovic would not have to pay any of his money out of pocket towards the buyout.
In 49 games across Euroleague and Turkish League, Bogdanovic averaged 14.6 points in 26.2 minutes per game, with shooting splits of 55.9% from two-point range, 38.4% from three-point range, and 83.1% from the line. Bogdanovic also led the Euroleague round of 16 in scoring.