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Celtics Basketball => Celtics Talk => Topic started by: heitingas on November 14, 2012, 06:55:57 AM

Title: Dooling bought out by the Celtics
Post by: heitingas on November 14, 2012, 06:55:57 AM
But his cap hit is 400 k, which means he got 454 k.
Since the money he makes is so little couldn't they have bought out the entire sum? Unless there's restrictions on this.
Title: Re: Dooling bought out by the Celtics
Post by: hwangjini_1 on November 14, 2012, 07:48:31 AM
But his cap hit is 400 k, which means he got 454 k.
Since the money he makes is so little couldn't they have bought out the entire sum? Unless there's restrictions on this.

may we have a link for this info so that we can all contribute to the thread?
Title: Re: Dooling bought out by the Celtics
Post by: Fafnir on November 14, 2012, 09:08:59 AM
But his cap hit is 400 k, which means he got 454 k.
Since the money he makes is so little couldn't they have bought out the entire sum? Unless there's restrictions on this.
If you're buying out a player in a lump sum payment, instead of game checks spread over many months, why wouldn't the team ask for a discount?
Title: Re: Dooling bought out by the Celtics
Post by: Rondo2287 on November 14, 2012, 09:13:18 AM
But his cap hit is 400 k, which means he got 454 k.
Since the money he makes is so little couldn't they have bought out the entire sum? Unless there's restrictions on this.
If you're buying out a player in a lump sum payment, instead of game checks spread over many months, why wouldn't the team ask for a discount?

Darn right, somebody break out the PV of an annuity tables
Title: Re: Dooling bought out by the Celtics
Post by: Fafnir on November 14, 2012, 09:17:10 AM
Isn't he also in a staff role too now? I wouldn't be shocked if his salary from that makes him whole on the buyout.