07-30-2013, 10:53 PM
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#13
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Lifetime Suspension
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From capgeek, which is the only way I would even try to make sense of a buyout:
http://capgeek.com/buyout-calculator...07&buyout_d=31
Details:
Spoiler!
John-Michael Liles is 32 years old on the buyout date of July 31, 2013, setting the buyout ratio at 2/3 and the total buyout cost at $7,500,000 spread over 6 years. His contract was originally valued at $15,500,000 beginning in 2012 and ending in 2016, with $11,250,000 remaining from the buyout year forward. The following is a season-by-season breakdown of the buyout. A negative buyout cap hit indicates a credit.
John-Michael Liles buyout from CapGeek.com
2013-14: $875,000
2014-15: $875,000
2015-16: $2,375,000
2016-17: $1,250,000
2017-18: $1,250,000
2018-19: $1,250,000
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