xwalker
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gotcha. I thought they took the total cap cut and just 50% this year and 50 next.
So the real number is 17.75 million which wil almost put us at the cap limit with out any restructuring. makes me want to do it even more.
I'm not sure what you're referencing with the 17.75M.
Ware's cap his options:
Now: 16M cap hit
Restructure: Save about 8.5M in 2014, push 11M into the future
Pay cut to 6M and restructure: Save a little more than 8.5M in 2014, but only push about 5M into the future
Cut: Save about 7.5M in 2014, zero dead-money in 2015
June 1st cut: Save 12.25M in 2014, about 4.75M dead-money in 2015