Reply to thread

Message: [QUOTE="dennismenace, post: 2604761, member: 6158"] The cost of the buyout is what it is. About $10 million. You are referring to budgets. If you hire another coach at say the same amount you will be paying $20 million out in cash over the next three years; The liability for the remaining years would immediately go on the balance sheet and statement of revenue and expense for $10 million. The budget as you said has that baked in but you would have to bake in the next $10 million if you hire a new coach. [/QUOTE]