Quote:
Originally Posted by MrMastodonFarm
So how does that work, is it because it's signing bonus laden?
Keep seeing this but don't know why.
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Over 50% is signing bonus though I haven't seen how much exactly. Clarkson contract is similar. You cannot buyout the signing bonus, only contract money. Eriksson's Vancouver contract is a good example. Only about $1M is contract the rest signing bonus so they are still on the cap and have to pay $5M each season plus the buyout penalty of 2/3 of the $1M per year over double the years. Buying out a $6M contract then only saves you at most around $0.5M per year