Question
I have to prepare two separate counteroffers for a team and they have to be structured differently, can't be the same. I have to figure
I have to prepare two separate counteroffers for a team and they have to be structured differently, can't be the same. I have to figure out how to make sure it's good for the player. Having a signing bonus up front would be good in one of them but not sure how to structure that. There has to be enough deferred compensation over the 4 years so that the team can financially afford it
It has to meet the following four guidelines.
4 year term
Contract total PV (present value) must have a $15.5M-$16M range. (Used a 5.5% discount rate i=.05)
The player must earn AT LEAST ($600,000) In each of the playing years
Build in a deferred compensation pattern.
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