06-05-2024, 10:15 PM
(06-05-2024, 11:48 AM)Joelist Wrote: Thanks! This was the kind of structural detail I was hunting for. Spotrac has him receiving $38,063,000 at signing and a total of 51.257 million becomes guaranteed later. So 110 million minus the 38,063,000 minus the 51.257 gives roughly 22.7 million they had to put into escrow?
I would agree, but it depends on if they included the 5th year option cash of 19M and if they considered that as part of the 110M, then it would be less than 3M and not have any escrow.
