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re: Non-Pels Free Agency News and Rumors
Posted on 6/25/19 at 4:24 pm to Byron Bojangles III
Posted on 6/25/19 at 4:24 pm to Byron Bojangles III
JR’s contract is the last grandfathered contract under the current CBA that can be traded on its book value rather than its guaranteed value.
To explain, it is an old contract, JR is only guaranteed a low amount, but it is considered to have a trade value of the unguaranteed amount of the contract.
So Cleveland can eat, say, $15m in contracts from someone who then cuts JR and only pays about $2.5m to him.
All amounts are made up but the concept stands.
To explain, it is an old contract, JR is only guaranteed a low amount, but it is considered to have a trade value of the unguaranteed amount of the contract.
So Cleveland can eat, say, $15m in contracts from someone who then cuts JR and only pays about $2.5m to him.
All amounts are made up but the concept stands.
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