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His money should go to your available money for every season he was signed under. That is, if he was owed $10M this year and $10M next year, you should get $10M this year and $10M next year available. Honestly, I've never understood or really paid attention to OOTP differentiating between available money and extension money. I play in Commish mode with no owner set budgets most of the time, considering myself the GM and President of the club and able to set my own budgets.
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