ELI5, what does buy out mean in Esports?

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I’ve been hearing this in a lot of Esports pro teams but can’t really understand how they work, tried google but to no avail. Like what happends if you buy out a player? Who gets the money? Who is paying?

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Anonymous 0 Comments

It’s a trade of money vs a player. Buy out clauses can be negociated when redacting the first player’s contract then activated later by the buyer or a transfer fee can be negociated between the two teams.

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