Quote:
Originally Posted by The Cobra
And that cap hit would be the present day value of that contract divided by 8.
It’s not $1M.
That would a terrible deal for Draisaitl. The present day value of that contract would be about $60M, so the cap hit would be about $7.5M. I am just estimating values here
In other words, from Draisaitl’s point of view, he left a ton of value in the table.
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It wasn’t meant to be taken so serious.