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re: My best "Guess" ;)

Posted on 12/13/09 at 6:00 pm to
Posted by MOT
Member since Jul 2006
28373 posts
Posted on 12/13/09 at 6:00 pm to
quote:

Either way its not what that other poster was stating. It will at least be $7.5M total owed.


You had the figure right originally, just not the years. He didn't get the extension last year but he still has 3 years left. The contract addendum signed in December 07 extended the contract through the end of 2012. The contract was ammended again in the Spring of 08 to move the max buyout from 15 million to 18 but did not affect the term.
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