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Old 08-04-2018, 07:46 AM   #397
The Cobra
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Join Date: Jun 2017
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Quote:
Originally Posted by sureLoss View Post
Yes Lucic's contract is "buy-out proof".

This is essentially because all signing bonuses are paid to the player regardless of a buyout and therefore decreases the cap savings that buying out the contract usually provides.


That is correct.

Instead of saving $10,000,000 of the $30,000,000 cap remaining on his contract, they would only save about $3,666,000 on his contract if they bought him out.

The only real motivation in buying him out would be to spread the cap hit over 10 years instead of 5 right now.

He is owed $26,000,000, but $15,000,000 is bonus, so the buyout is based on the remaining $11,000,000 of salary owing.


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