Contract Buyouts/Guaranteed money
Posted: Mon Jan 6, 2014 11:09 am
So first question, how do buyouts work? Like what is the earliest your team can buy out a contract (Can my team say, sign someone to a 4 year contract then turn around and buy it out the following year)? And when does it come off the salary cap/how does it affect it? Also, why does it usually take so long for negotiations? (Raja Bell and Hedo for example took months and months for theirs to get done?)
Secondly, what's the usual amount guaranteed on contracts, and is their a site that shows stuff like that?
Sorry if these questions are dumb or anything. I've got a relatively low knowledge about the deeper details about contracts and thought I'd try and get a better understanding about some things.
Secondly, what's the usual amount guaranteed on contracts, and is their a site that shows stuff like that?
Sorry if these questions are dumb or anything. I've got a relatively low knowledge about the deeper details about contracts and thought I'd try and get a better understanding about some things.