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Originally Posted by Enoch Root
Semantics. It very much does go beyond 8 years, as he is paid until 2045.
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The contract of employment lasts three (3) years. It is a three-year contract. The payments are deferred, but it's still a three-year contract. That's not semantics, that is how it works.
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Yes, lots of people have deferred comp arrangements. Those people don't work within a salary cap structure.
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So what? The CBA specifically allows deferred compensation under exactly this kind of arrangement. The owners and the PA agreed on these terms. It isn't cap circumvention when it is expressly spelled out in the rules of the cap.