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07-20-2010, 02:04 PM
Join Date: Jul 2003
Originally Posted by
The 50% Rule says a club can't reduce salary from year to year by more than 50% of the lower of the first two years' salary. In this case that's $3M as Kovalchuk gets $6M in each of his first two years. Had he been paid $11.5M in each of the first two years, the year to year salary reduction could have been as high as $5.75M.
The 50% Rule does not explain the peculiar structure.
OK, yeah, that sounds right then.
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