And it certainly is not being sold to anyone under the current deal, say those friendly to Time management.

"If they had left the current deal in place, we would have gotten much of that anyway," he said.

But it can have a serious impact on the current deal and an example is shown in the diagram.

A big question is whether employees will block the current deal.

Never mind that he's not worth anything near what he'll make over the last two years of his current deal.

One reason is the current "deal of the day" in the Treasury market.

Indeed the current deal would value the company at $536 million, 41 percent less than it was year ago.

He would count $1.17 million against the cap under his current deal.

Houston can opt out of his current deal next year.

Each figure is up substantially from the current deal, which runs through next season.