Quote:
Originally Posted by Locke
Why? He cant sign another contract afterwards? With Tampa or Toronto?
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That's my point! You said "If you think about it, 8x$8.5M is only $2M less than 7x$10M over the term and after taxes are considered he actually comes out ahead." I.e. 8x8.5=68 is only 2 less than 7x10=70
In reality, the comparison is 8.x8.5=68 vs. 7x10=70 + 1xY
I'd be willing to bet that Y is still several million dollars, so over the 8 year term this contract will see him making significantly more than $2M less