Author Topic: Dooling bought out by the Celtics  (Read 710 times)

0 Members and 1 Guest are viewing this topic.

Dooling bought out by the Celtics
« on: November 14, 2012, 06:55:57 AM »

Offline heitingas

  • Jared Sullinger
  • Posts: 690
  • Tommy Points: 49
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.

Re: Dooling bought out by the Celtics
« Reply #1 on: November 14, 2012, 07:48:31 AM »

Offline hwangjini_1

  • Antoine Walker
  • ****
  • Posts: 4427
  • Tommy Points: 487
  • bammokja
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?
I believe Gandhi is the only person who knew about real democracy — not democracy as the right to go and buy what you want, but democracy as the responsibility to be accountable to everyone around you. Democracy begins with freedom from hunger, freedom from unemployment, freedom from fear, and freedom from hatred.
- Vandana Shiva

Re: Dooling bought out by the Celtics
« Reply #2 on: November 14, 2012, 09:08:59 AM »

Offline Fafnir

  • Global Moderator
  • Bob Cousy
  • **************************
  • Posts: 26595
  • Tommy Points: 1017
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?

Re: Dooling bought out by the Celtics
« Reply #3 on: November 14, 2012, 09:13:18 AM »

Offline Rondo2287

  • Frank Ramsey
  • ************
  • Posts: 12342
  • Tommy Points: 564
  • Historical Draft Best Overall/Best Defensive team
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

Re: Dooling bought out by the Celtics
« Reply #4 on: November 14, 2012, 09:17:10 AM »

Offline Fafnir

  • Global Moderator
  • Bob Cousy
  • **************************
  • Posts: 26595
  • Tommy Points: 1017
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.

 

Hello! Guest

Welcome to the CelticsBlog Forums.