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Post by old - basketball on Sept 9, 2019 19:18:59 GMT
If I waiver Durant I get a 500000 dollar save.
I am allowed to spread the remaining 34,500,000 over 4 years.
I can make the yearly payments unequal so long as I cover at least 15 per cent per year.
Therefore I will pay off the debt as follows.
Year 1: $5,200,000 Year 2: $7,300,000 Year 3: $9,000,000 Year 4: $13,000,000
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Post by GreySkull Masters on Sept 9, 2019 19:51:44 GMT
I believe the rule is that the cost doesn't increase or decrease by more than 15% between each year but I will let Javy answer this question.
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Post by Javy Dawg on Sept 10, 2019 0:39:29 GMT
cost increase/decrees is only for signing contracts.. when stretching you must pay out at least 15% each year, so the above is fine.
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Post by GreySkull Masters on Sept 10, 2019 3:15:01 GMT
cost increase/decrees is only for signing contracts.. when stretching you must pay out at least 15% each year, so the above is fine. This is why I said to leave it in your capable hands
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