Quote:
Originally Posted by jayshum
Does the deferred money get counted as salary paid when determining the luxury tax owed during the years it's being paid or does the contract only get included during the years he's playing based on the present value which is around $46 million per year?
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Yep. Present value of total payout = $46 million per year. Cap hit = $46 million too.
After the initial screwed-up reporting, this deal now seems . . . manageable.