Rare Jewel
Patience
For me, the Marchand deal looks like $7m cap hit with $2.5m in performance bonuses and $12M upfront signing bonus this July 1st.
Normally, I wouldn't want a 4th year, but actually having a 4th year might make a buyout more friendly (if there is a fair bit of money in that 4th year), if it comes to it, given LTIR isn't an option.
Edit: The variance between salary and signing bonus might be too high here, so perhaps only $10 m.
Normally, I wouldn't want a 4th year, but actually having a 4th year might make a buyout more friendly (if there is a fair bit of money in that 4th year), if it comes to it, given LTIR isn't an option.
Edit: The variance between salary and signing bonus might be too high here, so perhaps only $10 m.