Author Topic: question on buyouts  (Read 618 times)

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question on buyouts
« on: July 21, 2014, 11:26:32 PM »

Offline celticpride1

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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?

Re: question on buyouts
« Reply #1 on: July 21, 2014, 11:49:49 PM »

Offline LooseCannon

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  • Ed Macauley
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The amount of the buyout counts against the cap.
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Re: question on buyouts
« Reply #2 on: July 21, 2014, 11:50:35 PM »

Offline beklog

  • Bill Walton
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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
Amateurs worry about equipment, professionals worry about money, masters worry about light… I just take pictures…