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<blockquote data-quote="OldSchool101" data-source="post: 1069252" data-attributes="member: 10086"><p>Yep. This is why I was saying it’s a 1-3-1 the way it was explained to me. Once you hit year 2 she’s a 4yr deal.</p><p></p><p>Good news. In Parsons 4th season he’ll have just turned 29yrs old. Also his average Salary normalizes and we will likely restructure him to take advantage of the time value of league cap increases. “Kicking the can down the road” won’t be as noisy as it has been in the past. This is evidenced by 30 teams now maxing voids out. I remember that number being just 2 teams just a few years pre Brian Gutenkunst era. The old “credit card” example is the antithesis of its effect. Credit cards compound debt and charge interest. Here the time value of contracts are exact opposite in that they act as a forgiveness with a portion of the debt. For every $1 borrowed today, it feels like .80% effect later. I’m probably a bit low on that on a longer, high priced contract. </p><p> It not erasing the debt, but it’s minimizing its effect. This is especially perfect for a team in a Win Now window.</p></blockquote><p></p>
[QUOTE="OldSchool101, post: 1069252, member: 10086"] Yep. This is why I was saying it’s a 1-3-1 the way it was explained to me. Once you hit year 2 she’s a 4yr deal. Good news. In Parsons 4th season he’ll have just turned 29yrs old. Also his average Salary normalizes and we will likely restructure him to take advantage of the time value of league cap increases. “Kicking the can down the road” won’t be as noisy as it has been in the past. This is evidenced by 30 teams now maxing voids out. I remember that number being just 2 teams just a few years pre Brian Gutenkunst era. The old “credit card” example is the antithesis of its effect. Credit cards compound debt and charge interest. Here the time value of contracts are exact opposite in that they act as a forgiveness with a portion of the debt. For every $1 borrowed today, it feels like .80% effect later. I’m probably a bit low on that on a longer, high priced contract. It not erasing the debt, but it’s minimizing its effect. This is especially perfect for a team in a Win Now window. [/QUOTE]
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