Thread: Proposal: Tampa-Buffalo
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05-17-2013, 02:06 PM
  #68
Djp
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Quote:
Originally Posted by Jame View Post
the player gets all the money in the contract (to my knowledge)
The buy out formula is:

T=total amount owed
Y=years remaining

Annual per year payment is= 2T/3 evenly over 2y years.

He is owed around $45M for 7 years...this means he would be paid $30M over 14 years....so around $2.15M per year

This is the same as a routine buyout...just under the amnesty buyout it doesnt show on the cap.

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