Author Topic: Dooling bought out by the Celtics  (Read 660 times)

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

Offline heitingas

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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

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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?
We've all heard how a million monkeys on a million typewriters would reproduce the works of William Shakespeare. But now, thanks to the internet, we know that isn't true.

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

Offline Fafnir

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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

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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
Indiana CB Draft, Kevin Durant, Deron Williams, Luis Scola, Robin Lopez, Ray Allen, Elton Brand, Rodney Stuckey, Marvin Williams, Jeff Taylor, Andrew Nicholson, Shaun Livingston, Markieff Morris, Michael Beasley

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

Offline Fafnir

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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.

 

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