Quote:
Originally Posted by MrMike
Doesn’t this make it easier to buy out though?
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It does I think but these retirement contracts seemingly never get bought out. They end up LTIRd and traded. So if you have contract at 8 years 50 mil but it’s structured say 8,8,8,8,6,4,4,4 as salary then it’s easier to move when the time comes since you’re moving only 2/3rds of the real dollars if you move them late in the contract as compared to if it’s a flat 6.25 annually.
I mean ideally he’s awesome the whole time and then all that really mattered was he got to buy his mega yacht in year 3 rather than year 5 so not much of a change there.