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Old 01-07-2013, 12:58 PM   #216
Clever_Iggy
Franchise Player
 
Join Date: Feb 2007
Location: City by the Bay
Exp:
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Quote:
Originally Posted by Lanny'sDaMan View Post
For those asking how this works:

James Mirtle ‏@mirtle
Teams can use the compliance buyouts in summer of either 2013 or 2014. They function like other buyouts: Players receive two-thirds of $$$
2/3rds was assumed. Still unclear to me whether that's a lump sum up front or over twice the remaining years of the contract or at the team's election?
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