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ProFSL Front Office => Franchise GM: Transactions => Franchise GM => MLB DYNASTY GM HOME => Franchise GM: Completed Transactions => Topic started by: game162 on August 23, 2024, 11:40:19 PM

Title: Angels Buy Out
Post by: game162 on August 23, 2024, 11:40:19 PM
:LAA: buys out OF Austin Meadows (2026 - $4.5m)

2024: $4.5m x 75% = $3.375m rounded up to $3.5m
2025: $4.5m x 50% = $2.25m rounded up to $2.5m
2026: $4.5m x 25% = $1.125m rounded up to $1.5m

Total buy out of $7.5m to be paid in 2024.

Title: Re: Angels Buy Out
Post by: Paul S. on August 24, 2024, 04:02:04 PM
Quote from: game162 on August 23, 2024, 11:40:19 PM
:LAA: buys out OF Austin Meadows (2026 - $4.5m)

2024: $4.5m x 75% = $3.375m rounded up to $3.5m
2025: $4.5m x 50% = $2.25m rounded up to $2.5m
2026: $4.5m x 25% = $1.125m rounded up to $1.5m

Total buy out of $7.5m to be paid in 2024.

$7.5m x 1.1 = $8.25m rounded up to $8.5
Title: Re: Angels Buy Out
Post by: game162 on August 25, 2024, 03:43:53 PM
My bad...forgot that multiplier.

Then, I want to pay $7.5m in 2024 and $1m in 2025.
Title: Re: Angels Buy Out
Post by: TheProfessor on August 25, 2024, 07:36:44 PM
SS 8/25/24
Title: Re: Angels Buy Out
Post by: TheProfessor on August 25, 2024, 07:38:09 PM
FT 8/25/24
Title: Re: Angels Buy Out
Post by: ldsjayhawk on September 03, 2024, 01:26:17 AM
This buyout was incorrectly assessed to 2024.  :LAA: has 7m in cap space.  I have adjusted the contract so that $7m is paid in 2024 & $1.5m is paid in 2025.

@game162 @TheProfessor
Title: Re: Angels Buy Out
Post by: TheProfessor on September 03, 2024, 11:32:23 AM
Quote from: ldsjayhawk on September 03, 2024, 01:26:17 AM
This buyout was incorrectly assessed to 2024.  :LAA: has 7m in cap space.  I have adjusted the contract so that $7m is paid in 2024 & $1.5m is paid in 2025.

@game162 @TheProfessor

FYI @ldsjayhawk it was Angels who asked for the contract to spread out in such a way that made his roster illegal.

No worries.  I was aware.  I was just noting the correction here.  Just gotta keep the rosters legal. 

He's welcome to post a different breakout if he wants.