Raptors Forum | Toronto Raptors Forums & Message Boards - View Single Post - Back up PG?
Thread: Back up PG?
View Single Post
Old 05-12-2009, 01:12 PM   #16 (permalink)
is the baby faced assassin

Join Date: May 2008
Location: YO MAMMA
Posts: 81,104
Originally Posted by NaturallyStoned View Post
But where are you getting this number from jeff? Am i missing some sort sort article where this number was brought up? To sign delfino or AP, that would have to be 3 million dollars annually. That means he'd be giving up 6 million dollars from his remaining 9 million( or something to that effect), which is unheard of.

When you buy out a player, the buyout amount is divided over the number of years remaining on the guys contract and still counts against the cap. You get almost no cap relief when a player like banks is bought out.
I was told that the Buyout would be around 1.5MIL per which saves us close to 3Mil) for the remaining years of the contract.
jeffb is offline   Boss Key Wife Key Reply With Quote