If you figure that a bridge deal probably comes in at $3M or less for 2 years, that means a 6 year deal is unlikely to be over $5M.
2 X $3M = $6M
6 X $5M = $30M, meaning the last 4 years would need to be:
4 X $6M
He hasn't earned anything more than that yet, and probably less. I don't even think a 7 year deal comes in at over $5M per.
|