hwc
In the Starting Line-Up
- Joined
- Sep 13, 2004
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Miguel:
Thanks. Great stuff, as usual.
Do you think there could be some arcane "cash over cap" rules that make it difficult to pay massive amounts of cash in a single year (and, therefore less cash spending in subsequent years? Could guaranteed for skill escrow amounts be treated as cash over cap?
Specifically, if you were to pay (for example), $100 million in bonus this year, would it be difficult to spend the minimum cash in subsequent years? It's an area of the new CBA that I've never really though about from the standpoint of structuring contracts, but I know there are fairly strict rules on cash outlay as a percentage of cap each year (and averages over several years).
Thanks. Great stuff, as usual.
Do you think there could be some arcane "cash over cap" rules that make it difficult to pay massive amounts of cash in a single year (and, therefore less cash spending in subsequent years? Could guaranteed for skill escrow amounts be treated as cash over cap?
Specifically, if you were to pay (for example), $100 million in bonus this year, would it be difficult to spend the minimum cash in subsequent years? It's an area of the new CBA that I've never really though about from the standpoint of structuring contracts, but I know there are fairly strict rules on cash outlay as a percentage of cap each year (and averages over several years).