Re: First national bank of _________ (restructure mechanics)
 

Thanks for the post Oak.....I always wondered how the restructuring actually worked and why a player would do that. Makes a lot more sense now!

Re: First national bank of _________ (restructure mechanics)
 

I know it's not easy to follow for some but in a nutshell.

You have 9 million in Salary this year.
I'm going to give you 8m now up front and pay you 1m in salary if you sign this paper adding 2 years and 7m to your contract.

Agent gets his cut so he is fine with it.

Re: First national bank of _________ (restructure mechanics)
 

Loomis has a tendency to over value some players I think. But if Benson is willing to spend the $ more power to you Mickey. :smile: