View Single Post
Old 09-02-2024, 05:06 PM   #142
Jay Random
Franchise Player
 
Join Date: Aug 2005
Exp:
Default

Quote:
Originally Posted by Paulie Walnuts View Post
Hm maybe I wasn’t understanding. They have to pay him the 15M or whatever it is plus interested earned on that money?
Nope. They put enough into an escrow account so that after accruing interest for however many years, the total comes to $15 million.

Since they're putting less than the full amount into the account, the amount they put in is the actual cap hit.
__________________
WARNING: The preceding message may not have been processed in a sarcasm-free facility.
Jay Random is offline   Reply With Quote
The Following User Says Thank You to Jay Random For This Useful Post: