View Single Post
Old 02-17-2023, 02:44 PM   #17
DJ's left nut DJ's left nut is offline
Sauntering Vaguely Downwards
 
DJ's left nut's Avatar
 

Join Date: Sep 2005
Location: Columbia, Mo
Casino cash: $-870901
Quote:
Originally Posted by IowaHawkeyeChief View Post
on top of the dead cap. Right? So, $11-15 million, with only up to $7 million being paid out on top of the dead cap amount?
Right.

You'd start with a $13.5 million cap hit for 2023 due to the dead cap figures from last season's restructure being added to a $4 million base. Then you'd have some per-game incentives that end up LTBE so they go on this year's cap as well.

Figure a 50/50 split on LBTE/NLBTE incentives. So with another $1.5 million of that $3 million being considered LTBE, it goes immediately on this season's numbers and he ends up with a cap hit of around $15 million in 2023 with the possibility of additional 'tax' being added at the end of the season for the remaining $1.5 million.

We have no long-term liabilities and can really just go year to year with him from this point forward.

I can tolerate that.
__________________
"If there's a god, he's laughing at us.....and our football team..."

"When you look at something through rose colored glasses, all the red flags just look like flags."
Posts: 66,867
DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.DJ's left nut is obviously part of the inner Circle.
Thumbs Up 1 Thumbs Down 0     Reply With Quote