Giants Contract Buyouts 8-1-17

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Contract Buyout:
CI Wright, David, $20m (2018)
$15.0m + $10.0m x 1.1% = $27.5m (Contract Buyout)
$27.5m - $20.0m (2017 Contract Amount) = $7.5m
$7.5m - $18.5m (2017 Cash Exchange on David Wright's 2017 contract) = -$11.0m

OF Tomas, Yasmany, $17.5m (2019)
$13.0m + $8.5m + $4.5m  x 1.1% = 29.0m (Contract Buyout)
$29.0m - $17.5m (2017 Contract Amount) = $11.5m
$11.5m - $7.0m (2017 Cash Exchange on Yasmany Tomas’ 2017 contract) = $4.5m
$4.5m - -$11.0m (2017 Cash Exchange on David Wright's 2017 contract) = -$6.5m

Amount remaining on previous buyout:
X-SP Cashner, Andrew, Contract Buyout, $4.5m in 2017
$4.5m - -$6.5m (2017 Cash Exchange on David Wright's 2017 contract) = -$2.0m

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Fantraxed 8-1-17

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Processed - All Rosters Updated 8-1-17