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question on buyouts
«
on:
July 21, 2014, 11:26:32 PM »
celticpride1
Anfernee Simons
Posts: 382
Tommy Points: 40
So just a quick question say next year Wallace agrees to a buy out in say december of this year. for 14 million is all of the 20 million go against the cap?
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Re: question on buyouts
«
Reply #1 on:
July 21, 2014, 11:49:49 PM »
LooseCannon
NCE
Ed Macauley
Posts: 11833
Tommy Points: 950
The amount of the buyout counts against the cap.
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"The worst thing that ever happened in sports was sports radio, and the internet is sports radio on steroids with lower IQs.” -- Brian Burke, former Toronto Maple Leafs senior adviser, at the 2013 MIT Sloan Sports Analytics Conference
Re: question on buyouts
«
Reply #2 on:
July 21, 2014, 11:50:35 PM »
beklog
Bill Walton
Posts: 1248
Tommy Points: 64
Here's what I think...
2 remaining seasons for $20M
buyout for $14M
then the salary cap hit will be $7M for the 2 remaining seasons of his contract
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Amateurs worry about equipment, professionals worry about money, masters worry about light… I just take pictures…
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