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05-06-2011, 03:38 PM
I taught Yoda
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Join Date: Oct 2005
Location: Some Army fort
Country: United States
Posts: 6,261
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It's part of the lease that permanent improvements over amount $x (I'm not in the mood to search the document this late at night in my part of the world) have to go through as capital improvements.

The midpoint is based on the Payroll Range using Averaged Club Salary according to article 50 of the CBA ..... averaged club is cap hit, not actual dollars spent unless anyone has documentation showing otherwise.

I see all extra revenue paying down the debt load or helping cover increased salaries to the expected higher midpoint next year. It won't go to raising the payroll above the midpoint and costing the team any money from the escrow phase of distribution.

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