Quote:
Originally Posted by Finger Cookin
So my guess is a roughly $2.7M cap hit for the next 5 years, and then a $1.375M cap hit for the next 10 years after that. Steep. That puts the Kings at a pretty significant disadvantage for a long time if it ends up being the case.
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No chance on earth it's that much.
My bet is that it works out to the same total cost of a buy-out - 2/3rds of remaining salary - but the penalty term lengthened to reduce the annual hit.