Author Topic: Rules Question  (Read 1553 times)

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Offline Brent

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Rules Question
« on: June 23, 2013, 12:57:49 AM »
What can I do with a guy like Nishioka who signed in Japan and forfeited is MLB contract?

MI Nishioka, Tsuyoshi, $2m (2014)
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Offline VolsRaysBucs

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Re: Rules Question
« Reply #1 on: June 23, 2013, 11:09:33 AM »
It's treated the same as a player retiring.  Unfortunately, you are on the hook for the remainder of the contract.  One option is to do a buy-out where you pay his 2014 salary this year and get it off your books for 2014.  Hope this helps  :toast:
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Offline Paul S.

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Re: Rules Question
« Reply #2 on: June 23, 2013, 02:51:11 PM »
He can be dropped now for a $1.8m (2013) and $1.2m (2014) cap hit.  If you wait until the trade deadline the cap hit is $1.5m in 2013 and $1m in 2014.
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joeshmoe

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Re: Rules Question
« Reply #3 on: June 24, 2013, 10:01:39 AM »
He can be dropped now for a $1.8m (2013) and $1.2m (2014) cap hit.  If you wait until the trade deadline the cap hit is $1.5m in 2013 and $1m in 2014.

Isn't a 1.8m cap hit actually a 2.0m cap hit? 

"The hit against the cap is rounded to the nearest $500,000.  Therefore, if it ends up being less than $250,000, the hit to the cap will be zero for that year." - Rulebook/Releasing Players

Or is it that the 1.8m (2013) + 1.2m (2013) = 3.0m (then rounded to the nearest 500k) and after that you can pay the 3.0m all this season or use the 1.1 x 3.0m buyout clause and pay the 3.3m over the two seasons?
« Last Edit: June 24, 2013, 10:06:08 AM by joeshmoe »
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Offline shooter47

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Re: Rules Question
« Reply #4 on: June 24, 2013, 10:58:36 AM »
Isn't a 1.8m cap hit actually a 2.0m cap hit? 

"The hit against the cap is rounded to the nearest $500,000.  Therefore, if it ends up being less than $250,000, the hit to the cap will be zero for that year." - Rulebook/Releasing Players

Or is it that the 1.8m (2013) + 1.2m (2013) = 3.0m (then rounded to the nearest 500k) and after that you can pay the 3.0m all this season or use the 1.1 x 3.0m buyout clause and pay the 3.3m over the two seasons?

The cap hits would be 2M and 1M. 1.8M and 1.2M would be the cap hits in Moneyball or New Era where salaries are rounded to the closest 100,000.
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Offline Paul S.

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Re: Rules Question
« Reply #5 on: June 24, 2013, 11:17:39 AM »
Shooter is correct.  Different league rules.
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Offline Brent

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Re: Rules Question
« Reply #6 on: June 24, 2013, 11:24:13 AM »
The cap hits would be 2M and 1M. 1.8M and 1.2M would be the cap hits in Moneyball or New Era where salaries are rounded to the closest 100,000.

Can I just buyout and pay 3m this season?
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Offline Paul S.

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Re: Rules Question
« Reply #7 on: June 24, 2013, 11:40:45 AM »
The buyout for 2013 would be $4.5m.  There is an additional 10% tax on the remaining $4m for buyouts.
http://www.profsl.com/smf/index.php?topic=32.0
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joeshmoe

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Re: Rules Question
« Reply #8 on: June 24, 2013, 07:26:02 PM »
The buyout for 2013 would be $4.5m.  There is an additional 10% tax on the remaining $4m for buyouts.
http://www.profsl.com/smf/index.php?topic=32.0

No, 1.2 is nearest to 1m.  The rules state rounded to the nearest.
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Offline shooter47

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Re: Rules Question
« Reply #9 on: June 24, 2013, 07:33:46 PM »
The correct buyout for 2013 would be $3.5M. Nishiokia can be released with a $2M cap hit in 2013 and a 1M cap hit in 2014. This totals to a lump sum of $3M. The 10% tax is equal to $0.3M which rounds to $0.5M. Add this number to the total lump sum of the contract and you get a $3.5M buyout in 2013. See examples in the following link.

http://www.profsl.com/smf/index.php?topic=32.0
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