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A Jordan Love Contract
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<blockquote data-quote="SudsMcBucky" data-source="post: 1036689" data-attributes="member: 18072"><p>No, this won't be a "cap implication" sort of thing. This will be an actual cash outlay issue that teams will have to grapple with. If they each have to set aside $400MM in cash reserve for this lawsuit, that will greatly impact how much they are able (depending on the wealthiness of each particular owner) guaranty on contracts to players. Guaranteed portions of contracts have to be set aside in a reserve. So, if someone let's say, want to guaranty $300MM of a QB's contract, that amount needs to be set in reserve. So, in addition to this $300MM the owner will have to also set aside the $400MM lawsuit money, for a total of $700MM. That's a LOT of cashola doled out into reserve accounts not doing anything.</p></blockquote><p></p>
[QUOTE="SudsMcBucky, post: 1036689, member: 18072"] No, this won't be a "cap implication" sort of thing. This will be an actual cash outlay issue that teams will have to grapple with. If they each have to set aside $400MM in cash reserve for this lawsuit, that will greatly impact how much they are able (depending on the wealthiness of each particular owner) guaranty on contracts to players. Guaranteed portions of contracts have to be set aside in a reserve. So, if someone let's say, want to guaranty $300MM of a QB's contract, that amount needs to be set in reserve. So, in addition to this $300MM the owner will have to also set aside the $400MM lawsuit money, for a total of $700MM. That's a LOT of cashola doled out into reserve accounts not doing anything. [/QUOTE]
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A Jordan Love Contract
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