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@cloud91 We need some input from you on this transaction for buy out purposes.Bauer's buy out looks like this:2025 - $3m x 90% = $2.7m2026 - $3m x 60% = $1.8mTotal = $4.5m x 1.1 (10% tax) = $4.95m rounded up to $5mAt the time of this post, you currently have $2m in cap space. Considering the buy out must be at least $2.5m in 2025 to comply with the rule that a buy out amount does not increase from one year to the next, you currently do not have the cap space to facilitate this buy out. Additional moves will need to be made to accommodate this request.Buy out rules found here:https://www.profsl.com/smf/index.php/topic,239514.0.htmlI will hold on Mastrobuoni as well, until you decide how to proceed.
You are correct...my bad. I was getting confused on which bucket these funds come out of and I wasn't accounting for the salary decrease. Just getting used to the way these spreadsheets are set up...I am confident in the cap calculation though...it's $5m and you can have it evenly spread across the remaining 2 years or have it frontloaded in 2025. Your call on how to split it.