Borussia Dortmund have decided to terminate the contract of Nico Schulz, with the left-back set to receive a one-time fee of 2.5 million euros.
After two years of unsuccessfully trying to offload him, Borussia Dortmund have finally reached an agreement to part ways with Nico Schulz. According to BILD, the left-back will receive a severance payment of 2.5 million euros from the Black and Yellows.
Borussia Dortmund were desperate to get Schulz off their wage bill this summer, and even allowed him to skip training so he could hold talks with other clubs. But a transfer did not pan out in the end, and now the BVB bosses have made the decision to terminate the 30 year old’s contract as a last resort.
Schulz had just over 12 months left on his Borussia Dortmund contract, and had an annual salary of 5.5 million euros. So the decision to terminate his contract allows the club to save around three million euros.
It remains to be seen what the future now holds for Nico Schulz, who joined Borussia Dortmund from TSG Hoffenheim in 2019 for a fee in the region of 25 million euros. The former Germany international never really managed to make his mark at BVB. That, combined with his troubles off the pitch, meant that he was frozen out of the first-team by Edin Terzic.
Nico Schulz hasn’t played in a competitive game for Borussia Dortmund since May 2021. And he will now leave BVB having made a total of 61 appearances for the club.