Team finances – Fall surplus, Summer Fees

There is a surplus of $96.16 from Fall session fees, due mostly to the roster expanding after the season began. This will be applied to the summer fees of the players who over-contributed. Speaking of which, the team’s overall fee for aforementioned summer session is $986, and is due by 5:00 p.m., April 26, 2006. There is also something called a “Performance Bond“, the precise details of which I am currently ignorant. I believe the gist is a team puts up a lump sum at the start of the session, and gets it back in full at the end if they don’t default a game, or a portion calculated by how many games a team does default.

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