Business, 28.02.2020 00:14, margaretjloah12

Use the following information for the next 10 questions.

Assume that Charcandrick West signs a new contract with the Kansas City Chiefs (NFL team) that covers 2017 - 2023. The terms of the contract are:
2017 salary: $2 million
2018 salary: $6 million
2019 salary: $7 million
2020 - 2023 salary: $9 million
Signing Bonus: $10 million
Option Bonus (paid in 2018): $10 million
The salary for 2017 - 2020 is guaranteed.
What is the salary cap amount for 2017?
What is the salary cap amount for 2018?
What is the salary cap amount for 2019?
What is the salary cap amount for 2020?
What is the salary cap amount for 2021?
What is the salary cap amount for 2022?
What is the salary cap amount for 2023?
Assume the Chiefs cut Charcandrick West in the offseason between 2019 and 2020 (pre-June 1 cut). What is the amount that will count against the salary cap for the Chiefs for 2020?
Assume the Chiefs cut Charcandrick West in the offseason between 2021 and 2022 (pre-June 1 cut). What is the amount that will count against the salary cap for the Chiefs for 2022?
Assume the Chiefs cut Charcandrick West in the offseason between 2022 and 2023 (pre-June 1 cut). What is the amount that will count against the salary cap for the Chiefs for 2023?

Answers: 3

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Use the following information for the next 10 questions.

Assume that Charcandrick West s...