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Old 01-28-2015, 07:57 PM   #857
sureLoss
Some kinda newsbreaker!
 
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Join Date: May 2004
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Quote:
Originally Posted by opendoor View Post
I think some of those are too high. It looks like you didn't multiply the remaining salary by 2/3rds in a couple of them at least. In the last one the final 2 years should be $1M ($6M salary owed x 2/3rds = $4M divided out over 4 years = $1M a year) and the previous 2 years should be $3.75M. The one before that has the same issue.

Unless I'm missing something, this is what the last 2 should be:

Buyout in 2017-18
2015-16 $5.75
2016-17 $5.75
2017-18 $2.42
2018-19 $3.92
2019-20 $3.92
2020-21 $1.17
2021-22 $1.17
2022-23 $1.17

Buyout in 2018-19
2015-16 $5.75
2016-17 $5.75
2017-18 $5.75
2018-19 $3.75
2019-20 $3.75
2020-21 $1
2021-22 $1


I find CapGeek's (and the CBA's) explanation to be kind of convoluted. Essentially it's just cap hit - salary + buyout amount = buyout cap hit in each year. So in years where the cap hit is way higher than the salary the buyout's cap hit is pretty high.
Yup thanks. Missed it in my spreadsheet
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