Padres Roster Moves

[joeshmoe]

CUTS
Carlos Corporan
Everth Cabrera, 3m (2015) 3m x .75 = 2.25 rounds to 2.5m (+.5m cap)
Hawtin Buchanan (+.5m)
Joba Chamberlain 1m, (2016) 1m x .75 = .75m ~ 1m, 1m x .5 = .5m. 1m + .5m = 1.5m owed x 1.1 buyout = 1.65 due, rounded down to 1.5m due in 2015. (-.5m cap).
Eric Stults 1m, 2016 is the same math as used for Joba Chamberlain above. (-.5m)

This should all work with my current cap. Hawtin releaves the issue with EDR.

[Flash]

CUTS
Carlos Corporan
Everth Cabrera, 3m (2015) 3m x .75 = 2.25 rounds to 2.5m (+.5m cap)
Hawtin Buchanan (+.5m)
Joba Chamberlain 1m, (2016) 1m x .75 = .75m ~ 1m, 1m x .5 = .5m. 1m + .5m = 1.5m owed x 1.1 buyout = 1.65 due, rounded down to 1.5m due in 2015. (-.5m cap).
Eric Stults 1m, 2016 is the same math as used for Joba Chamberlain above. (-.5m)

This should all work with my current cap. Hawtin releaves the issue with EDR.

When you initiate a Contract Buyout, the amount owed must be rounded up.

"Money owed to a player released under contract may be financed through a contract buyout.  This is done by first releasing the player by using the aforementioned formula (Releasing Players). Then the remaining contract amounts are added together, multiplied by 1.1, and the total is rounded up to the nearest $0.5m.

The buyout amounts for Joba Chamberlain and Eric Stults is $2.0m each.

RP Chamberlain, Joba, $1m (2016)

$1.0m + $0.5m = $1.5m x 1.1% = $1.65m rounded up = $2.0m      

SP Stults, Eric, $1m (2016)      

$1.0m + $0.5m = $1.5m x 1.1% = $1.65m rounded up = $2.0m      

With the release of Everth Cabrera you get $0.5m in additional cap relief, but that doesn't give you enough cap space for the two Contract Buyouts because with that you only have $1.5m in available cap space.  You need $2.0m in cap space to complete these transactions.

There is no cap relief associated with the release of Carlos Corporan and Hawtin Buchanan. 

Please review and advise how you want to proceed. 

   


 

[joeshmoe]

When you initiate a Contract Buyout, the amount owed must be rounded up.

"Money owed to a player released under contract may be financed through a contract buyout.  This is done by first releasing the player by using the aforementioned formula (Releasing Players). Then the remaining contract amounts are added together, multiplied by 1.1, and the total is rounded up to the nearest $0.5m.

The buyout amounts for Joba Chamberlain and Eric Stults is $2.0m each.

RP Chamberlain, Joba, $1m (2016)

$1.0m + $0.5m = $1.5m x 1.1% = $1.65m rounded up = $2.0m      

SP Stults, Eric, $1m (2016)      

$1.0m + $0.5m = $1.5m x 1.1% = $1.65m rounded up = $2.0m      

With the release of Everth Cabrera you get $0.5m in additional cap relief, but that doesn't give you enough cap space for the two Contract Buyouts because with that you only have $1.5m in available cap space.  You need $2.0m in cap space to complete these transactions.

There is no cap relief associated with the release of Carlos Corporan and Hawtin Buchanan. 

Please review and advise how you want to proceed.

Demote williams jerez as well and this transaction should zero.

[Flash]

Demote williams jerez as well and this transaction should zero.

Your release of Hawtin Buchanan removed your MiLB roster violation, but there is no space available to place Williams Jerez on your MiLB roster unless you drop an MiLB player.

Please post a drop and this can be processed.

[joeshmoe]

Thanks for sticking with me. I have been moving and internet has been sparce. Cut zach walters as well.

[Flash]

CUTS
Carlos Corporan
Everth Cabrera, 3m (2015) 3m x .75 = 2.25 rounds to 2.5m (+.5m cap)
Hawtin Buchanan (+.5m)
Joba Chamberlain 1m, (2016) 1m x .75 = .75m ~ 1m, 1m x .5 = .5m. 1m + .5m = 1.5m owed x 1.1 buyout = 1.65 due, rounded down to 1.5m due in 2015. (-.5m cap).
Eric Stults 1m, 2016 is the same math as used for Joba Chamberlain above. (-.5m)

This should all work with my current cap. Hawtin releaves the issue with EDR.

Summary of Padres Moves:

Contract Buyouts:
RP Chamberlain, Joba, $1m (2016)

$1.0m + $0.5m = $1.5m x 1.1% = $1.65m rounded up = $2.0m Buyout Amount      

SP Stults, Eric, $1m (2016)     

$1.0m + $0.5m = $1.5m x 1.1% = $1.65m rounded up = $2.0m Buyout Amount 

Release from MLB Roster:
CI Walters, Zach, $0.5m (P-2017)

Release from MiLB Roster:
C Corporan, Carlos, $0.5m (2015) -- 2015 Salary Cap Amount $0.5m
SP Buchanan, Hawtin, $0.5m (P-n/a)

Demote to MiLB Roster:
OF Jerez, William, $0.5m (P-n/a)

[Flash]

Summary of Padres Moves:

Contract Buyouts:
RP Chamberlain, Joba, $1m (2016)

$1.0m + $0.5m = $1.5m x 1.1% = $1.65m rounded up = $2.0m Buyout Amount      

SP Stults, Eric, $1m (2016)     

$1.0m + $0.5m = $1.5m x 1.1% = $1.65m rounded up = $2.0m Buyout Amount 

Release from MLB Roster:
CI Walters, Zach, $0.5m (P-2017)

Release from MiLB Roster:
C Corporan, Carlos, $0.5m (2015) -- 2015 Salary Cap Amount $0.5m
SP Buchanan, Hawtin, $0.5m (P-n/a)

Demote to MiLB Roster:
OF Jerez, William, $0.5m (P-n/a)

Fantraxed 9/13/15