Quote:
Originally Posted by JPH83
I haven't seen the details, is there an "out" after year 3 or any such provision?
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From what I've seen it's like this:
Total deal at 4/$80.0 with an $18.9m signing bonus, $39.48m guaranteed at signing, and $58.98m in potential guarantees.
Yr 1: $1.08m salary fully guaranteed at signing + $4.725 prorated signing bonus + $20k workout bonus = $5.825m
Yr 2: $19.5m salary fully guaranteed at signing + $4.725 prorated signing bonus + $500k workout bonus = $24.725m
Yr 3: $19.5m salary guarantees on 3rd day of new league year + $4.725 prorated signing bonus + $500k workout bonus = $24.725m
Yr 4: $19.5m salary +$4.725m prorated signing bonus + $500k workout bonus = $24.725m
That puts a potential out during the offseason prior to year 3 before that salary guarantees, which would have $9.45m in dead money and salary cap savings of $15.275m if all doesn't work out.