Quote:
Originally Posted by Robbob
Where did you find that calculation. Capfriendly and other sources I have read say the cost of a buyout is 2/3 (assuming the player is 26+) of the remaining salary paid over 2 times the term left.
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It's different ways of saying the same thing.
Total Remaining Salary x 2/3 = Total Buyout Value (25.75 x 2/3 = 17.167)
Remaining Years x 2 = Buyout Term (5 x 2 = 10)
Total Buyout Value / Buyout Term = Annual Payout (17.167 / 10 = 1.717)
Since there's a 2 on the top and bottom of the equation, they cancel out and leave you with...
Total Remaining Salary / (Remaining Years x 3) = Annual Payout (25.75/15 = 1.717)