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Astros Buyouts:OF Martinez, Eddy, $9m (2019) 2018 Cap Hit: $11.25 ($6.75M + $4.5M)$11.25 in 2018CI Duda, Lucas, $15m (2020) 2018 Cap Hit: $22.5M ($11.25M + $7.5M + $3.75M)2018 Total Cap Hit: $33.75M
When we initiate a contract buyout, we have to multiply the Released Under Contract total by 1.1% and round the total up to the closest $0.5m.OF Martinez, Eddy, $9m (2019) 2018 Cap Hit: $12.5m ($6.50M + $4.5M x 1.1% = $12.1m)CI Duda, Lucas, $15m (2020) 2018 Cap Hit: $24.5M ($11.0M + $7.5M + $3.50M x 1.1% = $24.2)Total amount of Contract Buyouts = $37.0mDo you want to proceed with these buyouts?
Yes.