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Main / Rookie Area / Canceling Contract? Search Forum
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Solana_Steve
San Diego Blitz

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Joined: 2011-09-07/S00
Posts: 4301
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posted: 2021-03-28 00:25:59 (ID: 100158073) Report Abuse
What determines the cost of canceling a contract?

Is there a specific formula?


Thanks,

Steve
SD Blitz
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PJRAVENS
Baltimore Ravens

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Joined: 2018-01-18/S28
Posts: 1008
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posted: 2021-03-28 07:17:57 (ID: 100158078) Report Abuse
Solana_Steve wrote:
What determines the cost of canceling a contract?

Is there a specific formula?


Thanks,

Steve
SD Blitz


In my opinion you have to pay 75% of the remaining contract value.
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Dumbarajko
Dumbarajko Elephants

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Joined: 2016-04-24/S21
Posts: 255
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posted: 2021-03-28 13:43:42 (ID: 100158091) Report Abuse
Solana_Steve wrote:
What determines the cost of canceling a contract?

Is there a specific formula?


Thanks,

Steve
SD Blitz


My experience tells me that you have to pay two weekly wages less.

Example, 15 weeks left, cancel contract cost 13 wages.
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Main / Rookie Area / Canceling Contract?