Quote:
Originally Posted by Groot
I was saying days simply in the sense that he will have collected all the cash for his contract days after the end of the last season of his contract. Not years later like was proposed for Draisatl.
And you're right, I'd be asking for interest but that would negate any cap savings
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He effectively does get interest. If he wanted a straight usual deal of 8 years with equal payments, they would give him about $60M. They agreed to pay him $63.2M due to the deferred payments, as that amount equates tot he NPV value considering the deferred payments.
Yes, he collects all of his money a day after the contract ends, but he's deferred lots of money from years 1 and 2, so he gets that money 8 and 7 years later.