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#pounditThursday, March 28, 2024

Andrew Bogut receives ownership stake in Australian team

Andrew Bogut

Andrew Bogut signing to play professional ball in Australia is no joke.

Bogut was introduced on Monday as the newest member of the Sydney Kings of the National Basketball League in Australia. The Aussie native reportedly signed a two-year deal with the team and has made his full commitment to the squad. Reporter Olgun Uluc says Bogut has no outs in his contract that would allow him the ability to leave for the NBA or Europe.

What’s really interesting is that Uluc reports that Bogut is becoming a minority owner in the team with 10 percent ownership. Bogut has his eye on becoming a 50 percent shareholder eventually.

Bogut played 23 games for the Lakers this season. The former No. 1 overall pick was a major factor — especially defensively — for the first half of his career. He hasn’t been much of a presence as he’s bounced around the NBA the past few seasons. For his career, he averaged 12.4 points, 11.1 rebounds and two blocks per game.

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