Quote:
Originally Posted by Bear
Its an extra 2 years of $1.5m by buying him out this year rather than next year.
This years buyout = 4 x $1.5m.
Next years buyout = 2 x $1.5m.
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Well, buying him out now means the cap hit is $1.5, $1.5, $1.5, 1.5.
Buying him out next year is $4.5, $1.5, $1.5, $0.
So, in exchange for $1.5 million in dead cap space in 2021-22, we reclaim $3 million in cap space this year AND we open a roster spot for a better player.
That's a bargain at this point.