Bulgaria's Aleksandar (Sasha) Vezenkov has officially been released by the Toronto Raptors. According to NBA reporter Keith Smith, the Bulgarian star "left 6.6 million dollars on the table to make this happen - to be released by the Canadians." Vezenkov can now sign a contract with his former club Olympiakos, but he must wait 48 hours on the "rejection list." This theoretically allows any team to add him to their roster and take over his contract, although the chances are minimal since it is well known he wants to return to Greece.
"Sasha Vezenkov has waived his entire 6.6 million dollars salary in a buyout from the Toronto Raptors, a league source told @spotrac," wrote Keith Smith on his page. CBS also broadcast the news. Eurohoops reported that Olympiakos and Vezenkov initially agreed on a lucrative four-year contract with an annual salary of 4,000,000 euros for the 28-year-old Bulgarian, an amount not yet confirmed by the club from Piraeus.
Vezenkov, Bulgaria's most successful athlete at the moment, had a difficult first season in the NBA with Sacramento, where he was injured for long periods, hampering his adaptation. Last season, Vezenkov averaged 5.4 points and 2.3 rebounds in 42 games with the Sacramento Kings. There were options for his future both in the NBA and in Europe. However, it appears he will return to Olympiakos, the club that propelled him to the top of the Euroleague.
Bulgarian national Aleksandar Vezenkov and Olympiakos secured their second consecutive win and their fifth overall victory in the Greek men’s basketball championship
Canadian company Velocity Minerals, which oversees various gold and copper mining projects in Bulgaria, including Rozino and Iglika, has announced the sale of its Bulgarian assets to the Turkish conglomerate
Nurgyul Salimova, the burgeoning Bulgarian chess sensation, steps onto the grand stage of the 2024 Candidates Tournament in Toronto with a flurry of anticipation surrounding her
The term of the citizenship check of the former caretaker Minister of Economy Kiril Petkov has been extended until mid-December. It began in late August, after the prosecutor's office was notified by e-mail that he had both Bulgarian and Canadian citizens
In connection with numerous journalistic inquiries, the Specialized Prosecutor's Office informed that as early as 24.08.2021, on the basis of an e-mail signal containing allegations of a crime committed by Kiril Petkov, in his capacity as Minister of Econ
The Bulgaria Cup 2024, the most prestigious event of the year for the Bulgarian Break Federation (BBF), is set to take place on November 30, 2024, at the National Palace of Culture
Bozhidar Andreev, the Bulgarian weightlifter who earned a bronze medal at the Paris Olympics, has announced his decision to end his sports career, citing ongoing dissatisfaction with the Bulgarian state's treatment of athletes
In the latest tennis world rankings, Bulgaria's Grigor Dimitrov remains in 10th place, holding steady within the top 10 where he returned on April 1, 2024
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