|
Post by Marlins GM (Joey) on Jan 5, 2020 11:37:26 GMT -6
Non-Tenders
Any player with a contract under $500,000 (i.e. $0 - $499,999) can be released at no penalty. They will go into the Open FA pool.
Buy-Outs
All other players whose contracts have not yet expired can be bought out at the following rates. Please note: you may not buy out a player with more than 4 years remaining on his contract nor a player who was re-signed.
You will be responsible for a portion of their salary for the remainder of its term. The player will enter open FA and the original team will not be able to bid on them. Teams will also need to note on their team pages their bought out contract under the heading "Dead Money". Rates are as follows:
4 years remaining on contract - 75% of annual value 3 years remaining - 75% 2 years remaining - 50% 1 year remaining - 50%
The buy-outs are staggered. If there are ............... 4-yrs remaining on contract the buy-out is 75%, 75%, 50%, 50% 3-yrs remaining on contract the buy-out is 75%, 50%, 50% 2-yrs remaining on contact the buy-out is 50%, 50% 1-yr remaining on contact the buy-out is 50%
Buy-Outs For Re-Signed Players You may buy-out a re-signed player but you must pay him 50% of remaining contract per year remaining. You also must keep the re-sign tag. The benefit is you get some cap relief. * 50% Cap Hit * Re-Sign Tag Remains Until It Expires
|
|