08-23-2023, 03:30 PM
(08-23-2023, 02:15 PM)michaeltex Wrote: Stupid question here...
IF they can waive this year + Stretch waive next year (didn't know it was possible, thanks for the education!), are they locked into a simple waive for this year or can they change it to a SW later if the extra cap space is needed?
What FG wrote when he first brought this up a few weeks ago was….
They have a decision to make by 9/1 as you can’t use the S/W past that. If you S/W, by then, it is 2x remaining years + 1 year for the whole contract (which was always the case). The thing that is new is IF you do a straight waive for year one, you get a second decision point later for the second year. In the past, the Waive was a Waive for both seasons. The new part is the ability to Waive year one and then later be able to decide to S/W the second year.