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rule suggestions for '15 (Option Year)

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rule suggestions for '15 (Option Year)

Post by HELLFISH on Tue Jun 10, 2014 9:35 am

Right now a option year Buy Out is a flat $500K

I want to change it to a Min of $500K or 25% of the option year total. 

so any option $2M of under would pay $500K to Buy Out
any Option year $2.1 or more would pay 25% of the option. 

Example

Option of 10M would have to pay $2.5 (25% of 10M) to Buy out/ or not pick up the option year. 

This would only applied to Deal signed in and after 2015.

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Re: rule suggestions for '15 (Option Year)

Post by nostratimus on Tue Jun 10, 2014 9:50 am

I agree completely with this!  We've been spoiled giving guys with a big contract a 500k buyout!
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Re: rule suggestions for '15 (Option Year)

Post by Guest on Tue Jun 10, 2014 11:15 am

I have always liked the 25 perc idea myself.

I thought we were supposed to use it on one sport already, but never saw that happen.

If you have a $20 mil option on a guy, having to pay $5 mil to cut makes you think about keeping, whereas 500k makes you more likely to just cut.

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Re: rule suggestions for '15 (Option Year)

Post by DmanofGod1 on Tue Jun 10, 2014 11:48 am

this makes more sense.  I like this idea also

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Re: rule suggestions for '15 (Option Year)

Post by HELLFISH on Tue Jun 10, 2014 11:55 am

Integrity wrote:I have always liked the 25 perc idea myself.

I thought we were supposed to use it on one sport already, but never saw that happen.

If you have a $20 mil option on a guy, having to pay $5 mil to cut makes you think about keeping, whereas 500k makes you more likely to just cut.
it's used in Hoops. and VSF have no option year

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Re: rule suggestions for '15 (Option Year)

Post by ford15qb on Tue Jun 10, 2014 8:20 pm

I like this idea too.
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