itsforachurch
itsforachurch t1_j13pgli wrote
Reply to comment by Greeni170 in Source: Carlos Correa agrees to 12-year, $315M deal with Mets. by PrincessBananas85
I'm a little light on details but a lot of it has to do with the payroll tax under the new CBA (Collective Bargaining Agreement) between the owners and players. The Met's payroll this year is (so far) about $400 million so they will pay about $100 million in tax. The payroll tax is calculated based on the AAV of contracts. AAV stands for Average Annual Value so spreading the contract out a few extra years saves tax dollars. Evidently the math works.
itsforachurch t1_jbhkwre wrote
Reply to comment by syrstorm in Boeheim out after 47 seasons at Syracuse by Jonas_Venture_Sr
I can't imagine that he was not given the opportunity to announce his retirement.