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ProFSL Front Office => Franchise GM: Transactions => Franchise GM => MLB DYNASTY GM HOME => Franchise GM: Completed Transactions => Topic started by: Paul S. on August 15, 2011, 08:18:32 AM

Title: Cardinals Drop
Post by: Paul S. on August 15, 2011, 08:18:32 AM

Cardinals drop OF Ibanez, Raul, $10.5m (2011) [$8m 2011 waiver penalty].

Title: Re: Cardinals Drop
Post by: rcankosy on August 15, 2011, 10:19:11 AM

Quote from: Paul S. on August 15, 2011, 08:18:32 AM

Cardinals drop OF Ibanez, Raul, $10.5m (2011) [$8m 2011 waiver penalty].

Can we assume that this is an outright release since you are absorbing the $8m of 2011 salary?  The confusion was calling the $8m a "waiver penalty" rather than a cap hit.

Title: Re: Cardinals Drop
Post by: Paul S. on August 16, 2011, 07:49:27 AM

Yes, it is an outright release.