View Single Post
06-07-2012, 08:19 AM
RangerBoy's Avatar
Join Date: Mar 2002
Location: New York
Country: United States
Posts: 31,865
vCash: 500
Originally Posted by mooskating View Post
99% sure that drury makes his full contract. not what the cap hit is. (the 1,666,667 you wrote). might've misunderstood you working on no sleep.
What am I doing? Drury was bought out. He had $5M remaining. 1 year. He gets 66% of that paid out over twice the term. That's how buyouts work in the CBA. That's $3,333.333. Paid out over 2 years. $1,666,667. You need to get some sleep. Yesterday you had no idea what this stuff is or how it works. Look at the Rangers cap charge for this season. $3,716,667. Subtract his cap hit of $7,050,000 from that. You get $3,333.333. How much is that per year if its paid out over twice the remaining term which is 1?The Rangers cap hit for the 2nd year matches the $ paid out to Drury because he had 1 year remaining.

RangerBoy is offline   Reply With Quote