The browns problem isn't cash or cap, they suck at everything from ownership to the field. There is 0 hope that they turn this around even if they draft Jesus next April...and yes I agree insurance isn't related to cap
Even at $1,000/hr for 1000 hours his attorneys fees are $1M. Victims of the "rub my third leg" scam did not get $2M each... No way. You'd need to lose both legs in an accident to get a $2M settlement. They suffered little injury, no impediment to their future earnings, very little damage that can be proven in litigation, and no bonus for keeping the scandal under wraps.
They probably got $50K each...maybe less for the ones represented by one attorney as a group. I doubt the whole thing cost him more than $5M
Watson has a ton of money and no reason to budge on anything. He sits back and collects another $125M from Cleveland and retires
His lawyers literally publicly said that they offered the women 100k each, afterwards 27 cases still remained... 1 still does.. so settling the 26 cost more than 100 k...
So whatever the lawyer costs that are still ongoing
Plus a minimum of 3.9million in payouts to the 39 that quickly dropped out
Then the payments to the other 26... all which quit in phases... so probably with escalating payouts
So his contract is for 230 million
Tge highest fed tax bracket is what? 37%? Ohio state income tax at that level is 3.7% so 40.7% of that is gone right off the bat
That leaves him with 136 million total
Then deduct the 7 million dollars for his agent fees
Then deduct the 5 million dollar fine the NFL dropped on him plus the .6 million in lost wages during the suspension, now we are down to 123.4
Then the 100k per for 39 cases
Then the "over 100k" for the 26
Then whatever it cost for the latest sexual assault case..
its not unheard of for sports figures to settle for very large sums for cases with the worst optics...
plus lawyer fees... and now we are under 100 million left for a guy who lives a lavish lifestyle
I mean he owns a 5.5 million dollar property in cleveland ... he isnt living like a normal person by any means... if he can get more money... he will before he ages out