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Message
re: Ingram extension completed
Posted on 11/24/20 at 1:55 pm to Hazelnut
Posted on 11/24/20 at 1:55 pm to Hazelnut
quote:
I think those potential clauses would be counting against the cap as well if I remember correctly
They called them escalator clauses which to me SOUNDS different than incentives. We did run into an issue with Jrue's contract where he had unlikely incentives for about $5 million more than his salary, but those incentives counted when you see if you hit the Tax Apron and are limited on transactions like S&Ts and only having the tax payer MLE.
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