you can't retain more than 50% on a contract, even if it is split between more than one team. max retention on the faulk contract is 3.25m.
unless rules have been changed, and my understanding is they recently renewed more or less the whole existing shebang, I am correct.
It is a max of 2 retentions.
It is NOT a max of 2 retentions which can not exceed 50% total.
It is a max of 50% per each retention.
also
one cannot be less than 50% and the other can be over to average 50% each.
It is a hard actual 50% max each retention.
As applies here:
part of value is Blues not asked to go full pop 50%.
Asked to eat only 2m of 6.5, reducing to 4.5
When Rangers flip, that is only 2.25 per for NYR and acquiring partner
However, the term is still a huge killer.
Also, NY would have to be paid for taking on risk.