ProFSL: Pro Fantasy Sports Leagues
ProFSL Front Office => Franchise GM: Transactions => Franchise GM => MLB DYNASTY GM HOME => Franchise GM: Completed Transactions => Topic started by: VolsRaysBucs on September 30, 2013, 10:57:31 AM
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Just wanted to post these up to make certain they are correct before I post my "contract extensions."
Tampa Bay is looking to buy-out the following contract using their 1M of available 2013 cap space:
CI Matt Downs 0.5M (2014)
RP Cesar Ramos 0.5M (2014)
*If I am correct, I can buy-out their 2014 salary using my 2013 remaining cap space (1M) and clearing completely their 2014 salary from my books. Please advise if this is correct or not*
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Correct
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Just wanted to post these up to make certain they are correct before I post my "contract extensions."
Tampa Bay is looking to buy-out the following contract using their 1M of available 2013 cap space:
CI Matt Downs 0.5M (2014)
RP Cesar Ramos 0.5M (2014)
*If I am correct, I can buy-out their 2014 salary using my 2013 remaining cap space (1M) and clearing completely their 2014 salary from my books. Please advise if this is correct or not*
The Buyouts for these players would be the following:
CI Matt Downs 0.5M (2014)
0.5m * 75% = 0.375m rounded up to 0.5m 2013 Cap hit
0.5m * 50% = 0.250m rounded up to 0.5m 2014 Cap hit
0.5M + 0.5M = 1.0M
1.0M * 1.1 = 1.1M Rounded up to 1.5M Contract Buyout in 2013
RP Cesar Ramos 0.5M (2014)
0.5m * 75% = 0.375m rounded up to 0.5m 2013 Cap hit
0.5m * 50% = 0.250m rounded up to 0.5m 2014 Cap hit
0.5M + 0.5M = 1.0M
1.0M * 1.1 = 1.1M Rounded up to 1.5M Contract Buyout in 2013
With the 1M in cap space that the Rays have the Rays could choose to Buyout one of these players this year.
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Just wanted to post these up to make certain they are correct before I post my "contract extensions."
Tampa Bay is looking to buy-out the following contract using their 1M of available 2013 cap space:
CI Matt Downs 0.5M (2014)
RP Cesar Ramos 0.5M (2014)
*If I am correct, I can buy-out their 2014 salary using my 2013 remaining cap space (1M) and clearing completely their 2014 salary from my books. Please advise if this is correct or not*
Fantraxed 9/30/13