Post by Philadelphia 76ers on Jun 19, 2018 10:58:18 GMT 2
Let's assume that you want to trade Jim Smoothie and his contract of 4years/$25 million.
Team A retains $6.25 million (25% of the $25 million) which he decides to split for 4 years at $1.5625 annually (Keep in mind this is just an example and he also has the option to pay the amount as a one time payment the first year, or split it to 2 years or maybe 3)
Team B gets the player but only $18.75 million of his salary (75% of the $25 million) and that amount is split in 4 years mandatory.
If Team B then wants to trade again that player to Team C, then Team A is still on the hook for $6.25 million (25% of the $25 million) and Team C will be negotiating the new contract that stands at $18.75 million.
If Team C then wants to trade that player again he can do so with no restrictions but to anyone BUT managers A and B and the pattern will again be the same.
For LMA the paid amount is 18 M . Houston can choose to pay it in 1st year or divide it.
Philly must pay 18M 18M 18M
Team A retains $6.25 million (25% of the $25 million) which he decides to split for 4 years at $1.5625 annually (Keep in mind this is just an example and he also has the option to pay the amount as a one time payment the first year, or split it to 2 years or maybe 3)
Team B gets the player but only $18.75 million of his salary (75% of the $25 million) and that amount is split in 4 years mandatory.
If Team B then wants to trade again that player to Team C, then Team A is still on the hook for $6.25 million (25% of the $25 million) and Team C will be negotiating the new contract that stands at $18.75 million.
If Team C then wants to trade that player again he can do so with no restrictions but to anyone BUT managers A and B and the pattern will again be the same.
For LMA the paid amount is 18 M . Houston can choose to pay it in 1st year or divide it.
Philly must pay 18M 18M 18M
