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Posted on 10/3/18 at 12:17 pm to Farmer1906
Yeah. Some seem to not understand the difference. He simply doesn't have a buyout. Assuming aTm gets at least 6 years out of him, by that point there is a good chance that salary creep catches up and they didn't end up any worse off. And they got who they wanted. Only time will tell whether it pays off.
Posted on 10/3/18 at 12:19 pm to Farmer1906
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It's not so much of a buyout as it is he's fully guaranteed.
I see, so that means A&M would have to pay him his full contract amount even if he's fired for cause?
Posted on 10/3/18 at 12:26 pm to Farmer1906
quote:
It's not so much of a buyout as it is he's fully guaranteed.
I mean, I get it and all, $75 million guaranteed when he signed, but still ... day um.
If I were him I'd take out a $60 million dollar low interest loan on that money and invest it and double my money, or more (maybe triple it in this market), over the life of the contract.
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