But the money in the void year is included in the overall value. Report says $27m base, not $27m guaranteed. I’m guessing it’s likely a traditional deal, no void years but he may not see 2026 depending on performance, with the 2026 base salary being in $9m range. Something like:
$9m signing bonus
2024 - $1m base plus $1m incentives
2025 - $8m base, plus $1m incentives
2026 - $9m base, plus $1m incentives
Produces cap hits of $4-5m, $11-12m, and $12-13m respectively. Cap savings of $1-2m if cut prior to 2025, $6-7m if cut prior to 2026.