Originally Posted by Johnny Footstool
So up to 5 years at a little more than $7 million per. Fantastic!
This is a great move by Krivsky.
My reading of this is the buyout of th 5 year is only what is included in the $36.5 and not the whole 5th year. So it is 4 plus buyout for 36.5. Lets say the buyout is $1.5 then it is 4 for 35 plus the 1.5. Given the market 4 for 34 or 35 is very reasonable.