Quote:
Originally Posted by CrazyCanuck
I'd think the opposite. We should get a $1M credit if he exercises his option.
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There would definitely be a credit some where. I think he's saying it's $1 mil extra in 2012, and then if he exercises, there's a $1 cap credit in 2013 (although we'd still owe the remaining amortized SB deadcap, so $2.25 million - $1 million in cap credit).
I'm suggesting that while what he says makes sense, I think that there would probably be an offsetting clause for purposes of the 2012 cap. If this was going to cost the Redskins 1/9 of their remaining cap space in 2012, it would have made more sense to just make next year (2013) voidable with no buyback.