View Single Post
Old 12-27-2019, 11:51 PM   #72
Otto-matic
Franchise Player
 
Otto-matic's Avatar
 
Join Date: Dec 2003
Location: Sector 7-G
Exp:
Default

https://t.co/uvDWJt838N?amp=1

Bo Levi Mitchell has restructured his contract with the Calgary Stampeders.

Quote:
For Mitchell, each season was due to step up in compensation: $675,000, $695,000, $705,000 and $725,000 over the term of the contract. The only year Mitchell and the Stamps reworked was 2020, leaving the final two seasons of the pact untouched.

Originally, Mitchell was scheduled to make a $305,000 base salary, $21,000 in housing, $10,000 in travel and earn $350,000 for a roster bonus on February 1, 2020. Now Mitchell is set to collect a $291,000 base salary and a $250,000 roster bonus on February 1, 2020 plus $50,000 for signing the new agreement.

The total difference between the old deal and the new one equals $95,000 in 2020. Because Mitchell agreed and signed the arrangement in December 2019, the $50,000 signing bonus counts towards the Stampeders’ 2019 salary cap. That allows Calgary to create $145,000 of cap room for the 2020 season with Mitchell on the books for $550,000.
Otto-matic is offline   Reply With Quote
The Following 9 Users Say Thank You to Otto-matic For This Useful Post: