OF Carrera, Ezequiel, $0.5m (2016), signed 6/8/15
I would like to pay 1m of his contract full this season if possible
This is a request for a contract buyout, a process that requires a team to pay a 1.1% buyout tax. Here's what it entails:
$0.5m + $0.5m = $1.0m x 1.1 = $1.1m --
Buyout Amount $1.5mBuyouts have a provision requiring the amount to be rounded up to the nearest $0.5m, which means the buyout amount is $1.5m. Here is the rule governing this process:
"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."
Please let us know what you want to do.