Originally posted by NYniner85:
Originally posted by krizay:
You are looking at dead money and not his contact. His base is 10 million. Due to his guarantees spread out his cap hit is 13.4. They can only rid themselves of the base salary of 10 million. Thus their dead hit of 3.4
So why does it say their dead money hit is $10M, not 3.4M?
The way I'm reading it, he has $5M guaranteed this year and next year. The trade accelerates next year's guarantees to this year, for a combined $10M.
His cap hit this year is $5M guaranteed + $8.4M salary. They cover the guarantee, we cover the salary. Their cap savings is $8.4M - $5M= $3.4M