Quote:
Originally Posted by duncan_idaho
Cap hit to cut in Year 4 would be $3 million, with $3 million hitting the following year.
Not ideal, but not an insurmountable obstacle (and still a significant savings over what the cap hit otherwise would be).
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Cap hit to cut in year 4 is $6M. It's a $15M signing bonus prorated by $3M over 5 years. $15M to cut in year 1, $12M in year 2, $9M in year 3, $6M in year 4.