MaxPower said:
The $70m counts, they just do a time value of money calculation. So maybe he gets $70m in 10 years and they determine that is worth $40m in today's money so it's $40m for luxury tax purposes.
Still bull***** If he is promised $175 million for 5 years of play, they should have to count $175 million against their CBT over those 5 years. How they structure when the actual checks arrive is up to them and the player, but the CBT $ should be the total of the contract spread across the years the player will play under the contract.