ProFSL: Pro Fantasy Sports Leagues

Fantasy Leagues => Franchise GM: Transactions => Franchise GM => MLB Leagues => Franchise GM: Invalid Transactions => Topic started by: nerwffej on March 21, 2015, 09:49:25 PM

Title: Boston drop
Post by: nerwffej on March 21, 2015, 09:49:25 PM

Kevin Slowey 1.5 (2016)
We will take cap hit all this year

Title: Re: Boston drop
Post by: BHows on March 22, 2015, 08:47:21 AM

Quote from: nerwffej on March 21, 2015, 09:49:25 PM

Kevin Slowey 1.5 (2016)
We will take cap hit all this year

"Contract Buyout
Money owed to a player released under contract may be financed through a contract buyout.  This can be done by adding up the total remaining contract amount, multiplying it by 1.1 rounded up to the nearest $500k.  This amount may be divided up any way you choose as long as the number of years is not more than what it was before AND that no salary owed in any year is more than an amount in a prior year."
For Slowey it would be $1.5M x 1.1= $1.65 or $2M
Proceed?

Title: Re: Boston drop
Post by: nerwffej on March 22, 2015, 03:12:09 PM

Yes

Title: Re: Boston drop
Post by: BHows on March 22, 2015, 07:18:27 PM

Quote from: BHows on March 22, 2015, 08:47:21 AM

"Contract Buyout
Money owed to a player released under contract may be financed through a contract buyout.  This can be done by adding up the total remaining contract amount, multiplying it by 1.1 rounded up to the nearest $500k.  This amount may be divided up any way you choose as long as the number of years is not more than what it was before AND that no salary owed in any year is more than an amount in a prior year."
For Slowey it would be $1.5M x 1.1= $1.65 or $2M
Proceed?

Fantraxed 3/22/15