Kevin Slowey 1.5 (2016)
We will take cap hit all this year
"Contract Buyout
Money owed to a player released under contract may be financed through a contract buyout. This can be done by adding up the total remaining contract amount, multiplying it by 1.1 rounded up to the nearest $500k. This amount may be divided up any way you choose as long as the number of years is not more than what it was before AND that no salary owed in any year is more than an amount in a prior year."
For Slowey it would be $1.5M x 1.1= $1.65 or
$2MProceed?