Quote:
Originally Posted by The Cobra
Of course every one cares about the present day value.
You give me $1M today, I’ll give you $1.03M in a years time. Deal?
Carolina gets 5% off the cap hit because they are effectively paying him 5% less than you think they are.
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Ok
I see, here I thought the initial report said that he signed an eight year NHL contract for 63.2 Million dollars and Carolina was going to carry a cap hit of 7.4 million for the term of the deal