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Silverstein on contract situation
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<blockquote data-quote="HardRightEdge" data-source="post: 491183"><p>In your example, it's important to note that the remaining dead cap money for 2015/2016 years does not go away in a renegotiation...$15 mil in dead cap has to be carried forward into the renegotiated 4 year deal.</p><p> </p><p>Two points:</p><p> </p><p>It's gotten to where elite players make at least half their money over their careers in signing bonuses via serial re-negotiations.</p><p> </p><p>Some owners are banking on a big bump in salary cap come 2015 when the new TV contract monies start coming in. This new CBA gave the players a bigger chunk of the TV money...about 60%...than they'd seen in the past.</p></blockquote><p></p>
[QUOTE="HardRightEdge, post: 491183"] In your example, it's important to note that the remaining dead cap money for 2015/2016 years does not go away in a renegotiation...$15 mil in dead cap has to be carried forward into the renegotiated 4 year deal. Two points: It's gotten to where elite players make at least half their money over their careers in signing bonuses via serial re-negotiations. Some owners are banking on a big bump in salary cap come 2015 when the new TV contract monies start coming in. This new CBA gave the players a bigger chunk of the TV money...about 60%...than they'd seen in the past. [/QUOTE]
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