Author Topic: Rules Question  (Read 1708 times)

0 Members and 1 Guest are viewing this topic.

Offline Brent

  • Legend
  • *****
  • Join Date: Aug 2010
  • Posts: 15383
  • 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: 22025
  • 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: 22025
  • 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: 15383
  • 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: 22025
  • 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: Let me ask you... What has any other hockey league done in the last 24 hours?
    Yesterday at 02:33:00 AM
  • Daddy: Including the NHL
    Yesterday at 02:33:40 AM
  • Daddy: This LIVE Crap is next level. See for yourself.
    Yesterday at 02:34:21 AM
  • Braves155: Morning LIVE Fanatics
    Yesterday at 09:39:56 AM
  • Braves155: Who's round today for talks? I did receive a few PMs, so I'll respond to those shortly
    Yesterday at 01:17:33 PM
  • STLBlues91: I am always around
    Yesterday at 01:19:42 PM
  • Braves155: Is there an NHL LIVE spreadsheet?
    Yesterday at 01:22:30 PM
  • STLBlues91: Yeah its the NHL Live Rosters LINK
    Yesterday at 01:44:36 PM
  • Daddy: I keep forgetting to link the icons. My bad.
    Yesterday at 01:55:13 PM
  • BayAreaBallers: Champions League final today
    Yesterday at 02:20:42 PM
  • indiansnation: Jim w pm
    Yesterday at 06:58:32 PM
  • indiansnation: Braves155 pm
    Yesterday at 06:59:45 PM
  • Braves155: Replied
    Yesterday at 07:01:58 PM
  • Mt_Crushmore: Shout out to Daddy for putting this NHL LIVE.
    Yesterday at 07:33:38 PM
  • Mt_Crushmore: Round of applause to the team of admins
    Yesterday at 07:35:27 PM
  • Braves155: PM Crushmore
    Yesterday at 07:56:05 PM
  • indiansnation: Braves155 pm
    Yesterday at 08:07:50 PM
  • indiansnation: Hey Pittsburgh looking to move remaining picks in 2024 and 2025 NHL live
    Yesterday at 08:09:10 PM
  • Daddy: The NHL LIVE DRAFT is 3 DAYS AFTER the NHL Draft. Get those rosters ready for your picks.
    Yesterday at 08:27:41 PM
  • Daddy: We hit the ground running lol
    Yesterday at 08:28:36 PM
  • indiansnation: Alpha5 pm
    Yesterday at 08:35:08 PM
  • indiansnation: Braves155 pm
    Yesterday at 09:06:59 PM
  • Mt_Crushmore: Tampa Bay Lightning open for offers. Looking for LW/RW.
    Yesterday at 09:14:08 PM
  • STLBlues91: Im around the rest of the night for any trades
    Yesterday at 11:03:43 PM
  • Daddy: If i don't have offers in my inbox for baseball, there are messages from football or hockey. Its the profsl experience ive been wanting.
    Today at 12:07:26 AM
  • Daddy: Excited for NBA
    Today at 12:07:45 AM
  • STLBlues91: Im just looking at the draft prospects this and next year figuring out my plan
    Today at 12:08:08 AM
  • STLBlues91: Im ready for that expansion draft
    Today at 12:08:19 AM
  • Daddy: Yeah so about that. One team get first pick in the expansion draft. The other gets first pick in the amateur draft.
    Today at 12:10:24 AM
  • STLBlues91: Yeah figured that was how it would be
    Today at 12:11:15 AM
  • Daddy: I could flip a coin but nobody but me would see it. So a number has been selected between 1-32. You are both getting pms along with the two other mods.
    Today at 12:12:09 AM
  • STLBlues91: Sounds good. When you thinking this will occur
    Today at 12:12:41 AM
  • Daddy: Whomever guesses closer to the number gets the 1st overall pick in the amateur draft. The other picks first in expansion.
    Today at 12:13:04 AM
  • Daddy: Im getting it out the way tomorrow
    Today at 12:13:49 AM
  • Daddy: Ive got the tools now to build the matrix and the league.
    Today at 12:14:20 AM
  • STLBlues91: Sounds good, I will be thinking of a solid number
    Today at 12:15:05 AM
  • Daddy: Best get to building it.
    Today at 12:15:32 AM
  • Daddy: Honestly idk why the NBA doesn't do it that way for expanding. Two teams at a time. Expansion draft to amateur draft. I think the idea is fresh and its execution will be pretty dope. ;)
    Today at 12:25:15 AM
  • jimw: I think the NBA goes one team at a time to give the one team a better talent pool in the expansion draft and also to keep the teams from complaining about losing more players
    Today at 01:25:47 AM
  • Daddy: Thats fair
    Today at 01:27:48 AM
  • BayAreaBallers: that makes sense
    Today at 01:32:38 AM
  • Daddy: I mean they only losing one guy anyway tho. We expose 10 players, protect 5 players, each team, all 30 will lose one player.
    Today at 01:36:30 AM
  • Daddy: The expansion teams will then both have 15 players heading into the amateur draft with picks #1 & #2.
    Today at 01:37:43 AM
  • Daddy: Each other team will still have 14 players and one first round pick.
    Today at 01:38:26 AM
  • Daddy: They need to hire me is what they need to do :rofl:
    Today at 01:38:53 AM
  • Daddy: Yeah you lose a guy to the expansion draft. Likely your 6th man. Then the very next day you draft his replacement and keep it moving.
    Today at 01:40:25 AM
  • STLBlues91: Daddy quick question in your messages
    Today at 01:44:14 AM
  • Daddy: We are good to go.:toth:
    Today at 02:01:09 AM
  • jimw: I think in the Bobcat expansion each team could protect 8 players. And I think the bobcats has to take at least 14 so half the league didn't even lose a player.
    Today at 02:09:14 AM
  • jimw: That was a long time ago though
    Today at 02:09:59 AM