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re: We need to sign Jimmy to a long term deal for cap relief
Posted on 3/13/14 at 11:11 am to NOSHAU
Posted on 3/13/14 at 11:11 am to NOSHAU
quote:ONLY if his signing bonus is much lower than expected.
Actually, it could be more like $3 million savings.
Assuming a $1m base in the first year, if he gets something like 5 years $50m w/$20m signing bonus that's $4m per year.
So his first year hit would be $5m in that scenario($2m less than the tag). And then his contract would have to be heavily back loaded.
So unless his signing bonus is even lower, it'll likely save us $2m at best. Hell even at $3m savings it still isn't worth it long term.
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