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01-15-2013, 03:09 PM
  #47
frozenrubber
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Quote:
Originally Posted by Jabroni1994 View Post
So, there's $10M left to pay Redden over 2 years.

Compliance buyout = 4 years?

So:

Y1: $2.5M
Y2: $2.5M
Y3: $2.5M
Y4: $2.5M

Is this correct?
For Redden, in real/actual salary (not cap hit), his contact is the following:

2012-2013: 5 million
2013-2014: 5 million

He will receive the full 5 million this year, they 2/3rds of the remaining 5 million over 2 years.

Wade Redden Contract Buy-Out:

2012-2013: 5 Million
2013-2014: 1.66 Million
2014-2015: 1.66 Million

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