Back up PG? - Page 3
Old 05-14-2009, 06:15 PM   #41 (permalink)
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Originally Posted by jeffb View Post
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.
buyouts don't affect the cap space, so the only ones saving would be MLSE ...
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Old 05-14-2009, 11:28 PM   #42 (permalink)
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Originally Posted by moremilk View Post
buyouts don't affect the cap space, so the only ones saving would be MLSE ...
i don't think that's true.

from larry coon: How do buy-outs affect a team's salary cap?
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The agreed-upon buy-out amount (see question number 59) is included in the team salary instead of the salary called for in the contract. If the player had more than one season left on his contract, then the buy-out money is distributed among those seasons in proportion to the original salary. For example, say a player had three seasons remaining on his contract, with salaries of $10 million, $11 million and $12 million. The player and team agree to a buyout of $15 million. The $15 million is therefore charged to the team salary over the three seasons. Since the original contract had $33 million left to be paid, and $10 million is 30.3% of $33 million, 30.3% of the $15 million buyout, or $4.545 million, is included in the team salary in the first season following the buyout. Likewise, 33.33% of $15 million, or $5 million, is included in the team salary in the second season, and 36.36% of $15 million, or $5.455 million, is included in the team salary in the third season.

The distribution of the buy-out money is a matter of individual negotiation. Changing the number of years in which the money is paid does not change the number of years in which the team's team salary is charged. In the above example in which the player's contract is bought out with three seasons remaining, the buyout amount is always charged to the team salary over three seasons. It does not matter if the player is actually paid in a lump sum or over 20 years (a spread provision).
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Old 05-15-2009, 02:29 AM   #43 (permalink)
what he is.

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Especially after Croatia takes Euro championship this year with him on the 1.
It seems you're very optimistic about your team

I heard that we might be adding Chris Lofton to the Turkish national team. He scored 17/22 threes (total 61 points) in one game recently. Hedo & Lofton will not be stoppable. See you in the finals!

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