Cane6
GreenTree All-Star
- Joined
- Nov 6, 2015
- Messages
- 6,530
1. Bruce Feldman is wrong. Buyout is not $8mm
2. Contracts are universally written where the buyout amount is a lesser percentage of the remaining years base salary. Use 50% as a middle point, and they often times can be paid out over multiple years. In the accounting world think of depreciating a tangible asset. Unless Blake James went rogue and deviated from precedence, I’d be shocked if Manny’s buyout was more than $5mm
3. To put this to bed, let’s use the Al Golden contract buyout as an example. Read for yourself.
Let’s use some reason here guys. Just because someone in the media says something doesn’t mean it’s true. Let’s also remember the turmoil and disfunction within the Athletic Department currently. You can guarantee this fake news came from this camp
2. Contracts are universally written where the buyout amount is a lesser percentage of the remaining years base salary. Use 50% as a middle point, and they often times can be paid out over multiple years. In the accounting world think of depreciating a tangible asset. Unless Blake James went rogue and deviated from precedence, I’d be shocked if Manny’s buyout was more than $5mm
3. To put this to bed, let’s use the Al Golden contract buyout as an example. Read for yourself.
Let’s use some reason here guys. Just because someone in the media says something doesn’t mean it’s true. Let’s also remember the turmoil and disfunction within the Athletic Department currently. You can guarantee this fake news came from this camp
![Miami[]_[]Smoke](https://data.canesinsight.com/avatars/m/16/16959.jpg?1664075159){kind=avatar}
