Seems to be true and definitely surprising, his contract was through next season so I don't know what would drive letting him go on a free unless you just didn't want pay the sell on fee out of spite? They could have made at least $15-20 million.
I don't quite know what to make of quotes like this though
https://www.the-sun.com/sport/1445567/everton-james-rodriguez-transfer-real-madrid/
I don't quite know what to make of quotes like this though
Quote:
Everton's eagerness to bring Rodriguez in was reportedly matched by Real's desire to let him go.
https://www.the-sun.com/sport/1445567/everton-james-rodriguez-transfer-real-madrid/