Author Topic: Rules Question  (Read 1571 times)

0 Members and 1 Guest are viewing this topic.

Offline Brent

  • Legend
  • *****
  • Join Date: Aug 2010
  • Posts: 15321
  • Bonus inPoints: 3
    • :NO:
    • :Blank:
    • :Blank:
    • :LouisianaState:
    • :UnitedStates:
    • :CHC:
    • View Profile
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)
funny
0
like
0
dislike
0
No reactions
No reactions
No reactions
:SEA: 2023 Field of Dreams - League Champion
:NOP: 2022-23 Buckets of Dimes - Eastern Conference Champion
:NO: 2021-2022 NFL Live -  30-4 (4-2) 2X NFC Runner-up/1X NFC South Champs
:NO: 2018-2020 NFL Countdown - 37-11 (3-2) 1X NFC Runner Up/2X NFC South Champs
8 ProFSL Hosted League Championships 2010-2019
Proud Member of the Who Dat Nation!

Offline VolsRaysBucs

  • MVP
  • ****
  • Join Date: Jan 2010
  • Posts: 3677
  • Bonus inPoints: 0
    • :ORL:
    • :TBL:
    • :Tennessee:
    • View Profile
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:
funny
0
like
0
dislike
0
No reactions
No reactions
No reactions
It's not the deep water that drowns us...we die because we stop kicking.

Offline Paul S.

  • League Moderator
  • Legend
  • *****
  • Join Date: Oct 2009
  • Posts: 21918
  • Bonus inPoints: 0
    • :Blank:
    • :Blank:
    • :Blank:
    • :Blank:
    • View Profile
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.
funny
0
like
0
dislike
0
No reactions
No reactions
No reactions

joeshmoe

  • Guest
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 »
funny
0
like
0
dislike
0
No reactions
No reactions
No reactions

Offline shooter47

  • MVP
  • ****
  • Join Date: Apr 2011
  • Posts: 4936
  • Bonus inPoints: 0
    • :MIN-NFL:
    • :MIN-NBA:
    • :MIN-NHL:
    • :NorthDakotaState:
    • View Profile
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.
funny
0
like
0
dislike
0
No reactions
No reactions
No reactions

Offline Paul S.

  • League Moderator
  • Legend
  • *****
  • Join Date: Oct 2009
  • Posts: 21918
  • Bonus inPoints: 0
    • :Blank:
    • :Blank:
    • :Blank:
    • :Blank:
    • View Profile
Re: Rules Question
« Reply #5 on: June 24, 2013, 11:17:39 AM »
Shooter is correct.  Different league rules.
funny
0
like
0
dislike
0
No reactions
No reactions
No reactions

Offline Brent

  • Legend
  • *****
  • Join Date: Aug 2010
  • Posts: 15321
  • Bonus inPoints: 3
    • :NO:
    • :Blank:
    • :Blank:
    • :LouisianaState:
    • :UnitedStates:
    • :CHC:
    • View Profile
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?
funny
0
like
0
dislike
0
No reactions
No reactions
No reactions
:SEA: 2023 Field of Dreams - League Champion
:NOP: 2022-23 Buckets of Dimes - Eastern Conference Champion
:NO: 2021-2022 NFL Live -  30-4 (4-2) 2X NFC Runner-up/1X NFC South Champs
:NO: 2018-2020 NFL Countdown - 37-11 (3-2) 1X NFC Runner Up/2X NFC South Champs
8 ProFSL Hosted League Championships 2010-2019
Proud Member of the Who Dat Nation!

Offline Paul S.

  • League Moderator
  • Legend
  • *****
  • Join Date: Oct 2009
  • Posts: 21918
  • Bonus inPoints: 0
    • :Blank:
    • :Blank:
    • :Blank:
    • :Blank:
    • View Profile
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
funny
0
like
0
dislike
0
No reactions
No reactions
No reactions

joeshmoe

  • Guest
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.
funny
0
like
0
dislike
0
No reactions
No reactions
No reactions

Offline shooter47

  • MVP
  • ****
  • Join Date: Apr 2011
  • Posts: 4936
  • Bonus inPoints: 0
    • :MIN-NFL:
    • :MIN-NBA:
    • :MIN-NHL:
    • :NorthDakotaState:
    • View Profile
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
funny
0
like
0
dislike
0
No reactions
No reactions
No reactions

 

Forum Search


Quick Profile

 
 
Welcome, Guest. Please login or register.
Did you miss your activation email?

* Chat Room

Refresh History
  • PsychoticPondGoons: :taco: FNHL FINALS OFFICIAL SCORE :ANA: ANH 160.15 v 247.3 :NYR: NYR
    April 19, 2024, 02:25:02 PM
  • PsychoticPondGoons: Well done, FNHL's CaliHkyGuy [link] :winner:
    April 19, 2024, 02:37:42 PM
  • STLBlues91: ill be around the rest of the day for any trade talsk'
    April 19, 2024, 04:11:46 PM
  • STLBlues91: talks**
    April 19, 2024, 04:11:51 PM
  • Daddy: Ever since the Academy Awards a couple years back, ive been working on my slap technique.
    April 19, 2024, 10:21:13 PM
  • Daddy: Being a Philadelphia native, Will Smith has set the bar very high for us and its not like you can just slap random folk for practice.
    April 19, 2024, 10:22:18 PM
  • Braves155: Yo, who around rn?
    April 20, 2024, 10:35:56 AM
  • Rhino7: They do have slap fighting you could try
    April 20, 2024, 12:51:07 PM
  • Daddy: Damn they got slap fighting???
    April 20, 2024, 01:14:10 PM
  • Mt_Crushmore: Oh yeah they do. It's brutal.
    April 20, 2024, 04:02:39 PM
  • Mt_Crushmore: Usually on PPV. If you get into that try English phone booth fighting!!!
    April 20, 2024, 04:03:47 PM
  • Jwalkerjr88: Yup, UFC owned if im not mistaken. They handing out CTE for breakfast over there
    April 20, 2024, 07:18:25 PM
  • Daddy: Will Smith would be Drago in that sport.
    April 20, 2024, 07:58:15 PM
  • Daddy: I would be Clubber Lang
    April 20, 2024, 08:00:04 PM
  • Daddy: @Jwalkerjr88 i bet you are itching to trade or build something right now. Too bad you hate baseball. MLB LIVE be jumping when NFL LIVE rests (not that it rests much but still) :) .
    April 21, 2024, 02:00:29 AM
  • Jon: daddy, your the only game in town now for CFB on the board.  I removed Fansville as i decided i am not giving any more money to Fantrax for premium settings.  My leagues are free
    April 21, 2024, 11:32:55 AM
  • Braves155: MLB LIVE :NYY: has OF for trade looking for INF/pitching
    April 21, 2024, 01:51:13 PM
  • Daddy: Its always better for the site to have at least 2 leagues for each sport. However @Jon i understand the decision.
    April 21, 2024, 01:53:02 PM
  • Daddy: Fantrax fees do get expensive. Its like $110-$120 per league per year and when its all out of your own pocket and you do most of the work, its hard to find value in that.
    April 21, 2024, 01:55:06 PM
  • Daddy: Its like i been gone for a month all these PMs. Lordy! I hope its some trade talk in there.
    April 22, 2024, 11:04:36 AM
  • Daddy: Nope, nobody wants my junk players. It was all admin.
    April 22, 2024, 11:48:14 AM
  • BayAreaBallers: hahaha
    April 22, 2024, 04:10:00 PM
  • Mt_Crushmore: 0 messages here.
    April 22, 2024, 08:27:34 PM
  • indiansnation: Mlb live indians looking to move p woo suk go
    April 23, 2024, 05:51:59 PM
  • Daddy: What is it the Indians are offering exactly, sounds like a private matter.
    April 23, 2024, 07:28:24 PM
  • Daddy: @BAB see MLB LIVE current bidding. (Pagan) :toth:
    Yesterday at 12:29:18 AM
  • Daddy: NFL DRAFT TONIGHT ROUND ONE IN PRIME TIME.
    Yesterday at 12:07:54 PM
  • BayAreaBallers: your a day early Daddy
    Yesterday at 12:51:58 PM
  • BayAreaBallers: ist tomorrow
    Yesterday at 12:52:07 PM
  • Daddy: :doh: FML
    Yesterday at 01:05:48 PM
  • indiansnation: Good evening all
    Yesterday at 04:45:28 PM
  • Jwalkerjr88: Trey hendrickson and tee higgins both request trades day before the draft. Tomorrow will bring fireworks
    Yesterday at 07:50:56 PM
  • Mt_Crushmore: Thurs kickoff starts at 1pm nfl network
    Yesterday at 08:32:25 PM
  • BayAreaBallers: Yepp
    Yesterday at 08:40:50 PM
  • Mt_Crushmore: This mock draft on espn is interesting tonight.
    Yesterday at 09:37:27 PM
  • Alpha5: Why does Hendrickson want out?
    Yesterday at 11:20:52 PM
  • BayAreaBallers: Money alpha
    Yesterday at 11:37:29 PM
  • BayAreaBallers: He and like Higgins wants to get paid and have a better secure contract
    Yesterday at 11:37:49 PM
  • Braves155: I'm sure the Falcons will botch another Draft.
    Today at 08:07:49 AM
  • Mt_Crushmore: Agreed
    Today at 09:59:57 AM
  • BayAreaBallers: ITS DRAFT DAYYYY
    Today at 12:00:23 PM
  • Rob: Welcome to New England, Drake Maye
    Today at 01:45:48 PM
  • Rob: Hopefully you're not what I think you are
    Today at 01:46:33 PM
  • Rob: Which is, Zach Wilson.
    Today at 01:46:38 PM
  • janesvilleaces: Daddy pm
    Today at 01:54:14 PM
  • Renegade: So what’s happening
    Today at 03:54:16 PM
  • Renegade: My 1st time playing college football fantasy
    Today at 03:56:40 PM
  • Jwalkerjr88: @Rob ive seen that take a few times. “Drake Maye=Zach Wilson”. Thats not how i see it. The Physical tools and demeanor alone are very different between the two. I like maye alot
    Today at 03:58:58 PM
  • Jwalkerjr88: Are you a patriots fan @rob ?
    Today at 03:59:21 PM
  • BayAreaBallers: Jwalkejr88 pm
    Today at 04:01:47 PM