: Salary Cap:
Contracts and Salary Cap (Contract Info in Posts #1 & #2)
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01-07-2013, 04:12 PM
Join Date: Jul 2004
Originally Posted by
No to both.
Early indications were that you could assume a portion of the cap hit relative to the salary you're paying.
Minor nit, but it appears to be the other way around.
You specify the % of Cap charge you are willing to retain, take that cap hit for each year left on the deal, and reimburse the counterparty the same % in actual salary obligations remaining on the contract.
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