Hey... sorry if this is the wrong thread, or if it's been posted elsewhere... I did try to search back over the last several months, however, and couldn't find anything.
Is anyone aware of the schedule for signing bonuses this year?
The only change to signing bonus dates I'm aware of are any contract extensions signed after Dec 1st 2020 and beginning in the 2021-22 season cannot have signing bonuses payable before July 28th for the 2021-22 season.
I assume all other signing bonuses are paid on the normal schedule. With the caveat that the payments are treated as occurring in the 2021-22 season even if paid before July 28th.
The only change to signing bonus dates I'm aware of are any contract extensions signed after Dec 1st 2020 and beginning in the 2021-22 season cannot have signing bonuses payable before July 28th for the 2021-22 season.
I assume all other signing bonuses are paid on the normal schedule. With the caveat that the payments are treated as occurring in the 2021-22 season even if paid before July 28th.
14% if Preliminary HRR for the 2020/21 League Year equals or exceeds $3.3 Billion;
18% if Preliminary HRR for the 2020/21 League Year equals or is below $1.8 Billion;
pro-rata rate in between $1.8 Billion and $3.3 Billion (e.g. Escrow Percentage of 16% if HRR is $2.55 Billion)