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Post by raidernation on Sept 19, 2024 10:13:13 GMT -5
Kirk,
We had hoped bringing you in would help solidify our depth in the backcourt, however, our coaching staff did not see the same opportunity for you that we had envisioned when acquiring you. Rather than elevate your position in the team for the last 16 games with us, we would like to offer you an opportunity to find more playing time elsewhere.
Please consider our offer to pay out 92.5% of your contract, $8,741,250 prorated for the remaining games on our schedule. This would see you giving back $708,750 which should be less than you could earn if given another contract for the remainder of the season.
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Post by CC06 on Sept 19, 2024 10:29:57 GMT -5
Kirk, We had hoped bringing you in would help solidify our depth in the backcourt, however, our coaching staff did not see the same opportunity for you that we had envisioned when acquiring you. Rather than elevate your position in the team for the last 16 games with us, we would like to offer you an opportunity to find more playing time elsewhere. Please consider our offer to pay out 92.5% of your contract, $8,741,250 prorated for the remaining games on our schedule. This would see you giving back $708,750 which should be less than you could earn if given another contract for the remainder of the season. Hi, Thanks for opening the buyout process. I do think your math is wrong, and that $9,234,070 would be the minimum about Hinrich would give back and still earn his full $9,450,000 salary for the season. This would be him giving back $215,930 to you, which would give you more space below the luxury tax. Is this agreeable to you? |
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Post by raidernation on Sept 19, 2024 10:55:08 GMT -5
Kirk, We had hoped bringing you in would help solidify our depth in the backcourt, however, our coaching staff did not see the same opportunity for you that we had envisioned when acquiring you. Rather than elevate your position in the team for the last 16 games with us, we would like to offer you an opportunity to find more playing time elsewhere. Please consider our offer to pay out 92.5% of your contract, $8,741,250 prorated for the remaining games on our schedule. This would see you giving back $708,750 which should be less than you could earn if given another contract for the remainder of the season. Hi, Thanks for opening the buyout process. I do think your math is wrong, and that $9,234,070 would be the minimum about Hinrich would give back and still earn his full $9,450,000 salary for the season. This would be him giving back $215,930 to you, which would give you more space below the luxury tax. Is this agreeable to you? Yes, we can agree to this contract buyout arrangement. |
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Post by CC06 on Sept 19, 2024 11:18:57 GMT -5
Buyout Agreement: $9,234,070
ON WAIVERS UNTIL 09/20/2024 12:18 PM EST.
Salary: $9,450,000
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Post by shellystrick4l on Sept 19, 2024 12:35:50 GMT -5
The Phoenix Suns are willing to scoop Mr. Hinrich for the league minimum upon clearing waivers.
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Post by daulten780 on Sept 19, 2024 20:57:04 GMT -5
The Cleveland cavaliers would also like to offer Mr. Hinrich the league minimum!
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Post by CC06 on Sept 20, 2024 11:54:42 GMT -5
The Phoenix Suns are willing to scoop Mr. Hinrich for the league minimum upon clearing waivers. Kirk Hinrich has elected to sign with the Phoenix Suns for the minimum. |
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