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Kuwait City Buyout- Rudy Gay (Sac- SF)

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Kuwait City Buyout- Rudy Gay (Sac- SF)

Post by tazzouz on Sat Jan 21, 2017 11:17 pm

i'd like to buyout Rudy Gay's contract with this season's buyout.

Thanks

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Re: Kuwait City Buyout- Rudy Gay (Sac- SF)

Post by itssamman on Sat Jan 21, 2017 11:21 pm

Would you want to split it 4.25 this year and the 2 next, or all this year?

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Re: Kuwait City Buyout- Rudy Gay (Sac- SF)

Post by tazzouz on Sat Jan 21, 2017 11:24 pm

Please split it as mentioned

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Re: Kuwait City Buyout- Rudy Gay (Sac- SF)

Post by itssamman on Sat Jan 21, 2017 11:27 pm

Just talked with someone in our league, the option year buyout is as is. So you would pay $4 not $2

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Re: Kuwait City Buyout- Rudy Gay (Sac- SF)

Post by tazzouz on Sat Jan 21, 2017 11:43 pm

Ok.

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Re: Kuwait City Buyout- Rudy Gay (Sac- SF)

Post by itssamman on Sun Jan 22, 2017 12:06 am

Sorry Kuwait, refer to the other thread, I made a mistake after consulting with Dan

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Re: Kuwait City Buyout- Rudy Gay (Sac- SF)

Post by HELLFISH on Sun Jan 22, 2017 12:14 am

Yup buyout for Rudy gay is 4.6
Read rule Team option #2
Buyout is 20% of the option year total.

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Re: Kuwait City Buyout- Rudy Gay (Sac- SF)

Post by tazzouz on Sun Jan 22, 2017 6:22 am

ok thanks

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Re: Kuwait City Buyout- Rudy Gay (Sac- SF)

Post by tazzouz on Sun Jan 22, 2017 6:23 am

how did the option come out to be $23M for next year?

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Re: Kuwait City Buyout- Rudy Gay (Sac- SF)

Post by itssamman on Sun Jan 22, 2017 12:47 pm

19M was the highest annual salary for Gay so you would do 19 x 0.25 = 4.75, so the option would actually be 23.75M

Then for the buyout, it would be 20% of the option year 23.75M
23.75 x 0.2 = 4.75M

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Re: Kuwait City Buyout- Rudy Gay (Sac- SF)

Post by tazzouz on Sun Jan 22, 2017 6:06 pm

Got it. Thanks for the explanation

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Re: Kuwait City Buyout- Rudy Gay (Sac- SF)

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