Mit Yarrum
HoF Turd Shiner
- Apr 1, 2010
- 5,747
- 112
The breakdown of the $7,333,333 payout, according to capgeek.com:
– 2014-15: $1,722,222
– 2015-16: $2,222,222
– 2016-17: $2,222,222
– 2017-18: $1,222,222
– 2018-19: $1,222,222
– 2019-20: $1,222,222
Question.....
If it doesn't count against the cap, and it's purely money out of Pegula's pocket, why does the money owed need to be paid out like that? Why can't Pegula just write a check for the 7 mil. and pay him off this summer? I'm obviously missing something.
My first thought is that it makes it easier on the team. Some teams don't have a liquid 7 mil laying around, thus prohibiting them from using the compliance buyout.