Better off silent
- May 13, 2002
- Reaction score
- Round Rock, TX
I'm confused, it's still $30m per year for 4 years. Only difference from the 3/90 we've been talking about is the extra year. And that will fall under the "Over 38" rule.Oh boy that’s a big # in dollars and years.
Here is the text of it:
The Over-38 rule generally takes effect when a free agent signs a long-term contract that extends beyond his 38th birthday. In these cases, the salary in the year(s) after the player turns 38 is considered deferred compensation, and is applied to the years earlier in the contract, when that salary is actually being earned. In most cases, this prevents the team from completing the contract using the necessary cap room or exception.
It's complicated, but there is a chance we won't take a cap hit in the 4th year at all.