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Originally Posted by mcalderone10
o ok so then its gonna count over the years? and we can cut brunell later and not have to pay him all of it right?
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If it was done as a normal restructure - no. sooner or later the money will count against the cap but instead of it all counting this year its spread out over the remaining years. If he gets cut early, the remaining portoin that has not been accounted through proration is accelerated. He has gotten all his money, it's just a questoin of when it counts against the cap. No matter how you cut it. when we let him go (most likely after this year or next) - it will be a pretty big hit. So long as we restructure and extend a couple of the younger guys in a couple years we'll be alright.
03-13-2006, 11:18 PM
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