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#11 | |
MVP
Join Date: Sep 2005
Casino cash: $2051115
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Quote:
Teams heavily backload contracts knowing they are never going to pay that money - as a small percentage of the extension was guaranteed. They could have signed him to a 40 year, $900B extension, and if they only guaranteed $6M, as they did in this instance, they could have cut him the next day and not owed him a dime over the $6M they guaranteed in the deal. |
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Posts: 60,758
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