06-05-2024, 08:02 AM
(06-04-2024, 01:16 PM)Joelist Wrote: So they must have agreed to have the guarantee occur in phases then. Spotrac is not really clear did you find a better source?
Understanding the details of the contract tells you everything you need to know.
Couple of things:
100% is never required to escrow.
1st year cash taken by the player is excluded from escrow calculation.
Future option/roster bonuses are not required to be put into escrow.
Jefferson's contract has 110M guaranteed. 30M of that is a 2025 roster/option bonus.
On top of that, he is to receive over 88M guaranteed at signing. Thus the guaranteed portion is likely covered. We do not know the exact numbers of the required escrow due to the fact that we do not know how the 5th year option salary was handled, is that 19M included in the "guaranteed" amount? 5th year option is also never required to be escrowed.
Thus there is likely zero due to escrow in Jefferson's case.
