What is the difference between your "fully guaranteed" and "worst case", and how is the latter lower than the former?
What is the difference between your "fully guaranteed" and "worst case", and how is the latter lower than the former?
By realistic I mean something that is about 90% or more likely to happen.
The point was to simplify it down to the basic contract without going into all the extensive details and all highly unlikely to happen possibilities.
It's not a realistic option to pay 19M per year on a 2 year, 38M worst case option unless something radical happened and he is just not worth the additional 12M total for 2 more years (i.e 2 for 38 vs 4 for 50). He would have to he really bad not to be worth 6M per year for those 2 years.
Therefore from a realistic perspective it should be
treated as a 4 year, 50M deal that is fully guaranteed.
The worst case was to show that it's not literally "fully guaranteed" but from a practical perspective it should be treated as fully guaranteed.
They can keep him beyond the 4 years but there is no real upfront committment beyond the 4 years (assuming all of the publically available details of the contract are correct).
