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05-26-2011, 07:38 AM
  #56
GAGLine
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Quote:
Originally Posted by patnyrnyg View Post
I think a $4MM cap hit is too much for Callahan. Don't get me wrong, I love what he brings, but we can't let emotion play into this. I offer him something with a cap hit of $3-3.5MM, but I give him a decent signing bonus to make the present value higher.

5 years (for arguments sake)

$5MM signing bonus.
Y1-$3MM
Y2-$2.5
Y3-$2.0
Y4-$2.0
Y5-$2.0

Total of $16.5MM for 5 years, $3.3MM cap hit per year.
Signing bonuses are only allowed in ELCs.

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