Author Topic: Rules Question  (Read 1573 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: 21919
  • 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: 21919
  • 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: 21919
  • 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
  • Daddy: NFL DRAFT TONIGHT ROUND ONE IN PRIME TIME.
    April 24, 2024, 12:07:54 PM
  • BayAreaBallers: your a day early Daddy
    April 24, 2024, 12:51:58 PM
  • BayAreaBallers: ist tomorrow
    April 24, 2024, 12:52:07 PM
  • Daddy: :doh: FML
    April 24, 2024, 01:05:48 PM
  • indiansnation: Good evening all
    April 24, 2024, 04:45:28 PM
  • Jwalkerjr88: Trey hendrickson and tee higgins both request trades day before the draft. Tomorrow will bring fireworks
    April 24, 2024, 07:50:56 PM
  • Mt_Crushmore: Thurs kickoff starts at 1pm nfl network
    April 24, 2024, 08:32:25 PM
  • BayAreaBallers: Yepp
    April 24, 2024, 08:40:50 PM
  • Mt_Crushmore: This mock draft on espn is interesting tonight.
    April 24, 2024, 09:37:27 PM
  • Alpha5: Why does Hendrickson want out?
    April 24, 2024, 11:20:52 PM
  • BayAreaBallers: Money alpha
    April 24, 2024, 11:37:29 PM
  • BayAreaBallers: He and like Higgins wants to get paid and have a better secure contract
    April 24, 2024, 11:37:49 PM
  • Braves155: I'm sure the Falcons will botch another Draft.
    Yesterday at 08:07:49 AM
  • Mt_Crushmore: Agreed
    Yesterday at 09:59:57 AM
  • BayAreaBallers: ITS DRAFT DAYYYY
    Yesterday at 12:00:23 PM
  • Rob: Welcome to New England, Drake Maye
    Yesterday at 01:45:48 PM
  • Rob: Hopefully you're not what I think you are
    Yesterday at 01:46:33 PM
  • Rob: Which is, Zach Wilson.
    Yesterday at 01:46:38 PM
  • janesvilleaces: Daddy pm
    Yesterday at 01:54:14 PM
  • Renegade: So what’s happening
    Yesterday at 03:54:16 PM
  • Renegade: My 1st time playing college football fantasy
    Yesterday 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
    Yesterday at 03:58:58 PM
  • Jwalkerjr88: Are you a patriots fan @rob ?
    Yesterday at 03:59:21 PM
  • BayAreaBallers: Jwalkejr88 pm
    Yesterday at 04:01:47 PM
  • BayAreaBallers: jwalkerjr88 replied back
    Yesterday at 04:18:37 PM
  • indiansnation: Good evening all which league we talking trade.
    Yesterday at 04:47:08 PM
  • Mt_Crushmore: im nfl
    Yesterday at 04:47:43 PM
  • Jwalkerjr88: Understood BAB
    Yesterday at 05:00:25 PM
  • Jwalkerjr88: Always NFL Brian
    Yesterday at 05:00:36 PM
  • BayAreaBallers: Yepp
    Yesterday at 05:06:57 PM
  • BayAreaBallers: Can't wait to see the madness
    Yesterday at 05:10:27 PM
  • Daddy: God im sooooooo busy today. Im trying to get errands and profsl done before the draft :doh:
    Yesterday at 06:05:24 PM
  • Daddy: There is no way but im gonna keep at it.
    Yesterday at 06:06:27 PM
  • BayAreaBallers: as long as u r here for draft
    Yesterday at 06:08:49 PM
  • janesvilleaces: Go pack go
    Yesterday at 07:26:45 PM
  • Daddy: I thought i had converted you to a Ram fan by now @janes (insert eye emoji)
    Yesterday at 07:35:47 PM
  • Braves155: Sup guys
    Yesterday at 07:35:57 PM
  • Daddy: NFL DRAFT second only to the NFL LIVE Draft in entertainment!
    Yesterday at 08:52:12 PM
  • Daddy: 8/1/24 8PM Change your NFL LIVE teams future with these guys right here!
    Yesterday at 08:52:53 PM
  • Mt_Crushmore: Plan on it.
    Yesterday at 09:25:23 PM
  • Jwalkerjr88: Interesting developments so far. If you need a QB in NFL Live. Plenty of them have 1st round pedigree
    Yesterday at 10:53:26 PM
  • Daddy: NFL LIVE Draft Room [link] current picks, 2024 preview & history.
    Yesterday at 11:06:17 PM
  • Braves155: Daddy, what are your thoughts on the NFL Draft thus far?
    Yesterday at 11:34:39 PM
  • Braves155: Or anyone, what ya think?
    Yesterday at 11:35:07 PM
  • dbreer23: Vegeta100 PM
    Yesterday at 11:40:43 PM
  • Jwalkerjr88: Alot of surprised tonight as expected. Offensive heavy. 6 QBs in the 1st. 7 WRs. Fun night
    Today at 12:52:03 AM
  • Jwalkerjr88: Alot of NFL Live implications. Cant wait to see it unfold. On to night 2
    Today at 12:52:28 AM
  • BayAreaBallers: i wish we took cooper Frick
    Today at 01:05:02 AM
  • BayAreaBallers: we coulda waited on pearsall
    Today at 01:05:12 AM
  • BayAreaBallers: as much as i do like him a bit cuz he was dceent at ASU and solid at UF
    Today at 01:05:26 AM