These buyouts are being used to help resign Bumgarner and Arrieta. Most of these players aren't playing in the MLB anymore which will helps save some salary moving forward in 2016 and 2017.
Daisuke Matsuzaka SP $1,500,000 2016 Cap Hit = $750,000
Sammy Gervacio RP $500,000 2016 Cap Hit = $250,000
Bill Bray RP $500,000 2016 Cap Hit = $250,000
John Maine SP $700,000 2016 Cap Hit = $350,000
Jonathan Sanchez SP $1,000,000 2016 Cap Hit = $500,000
Jeremy Bonderman SP $500,000 2016 Cap Hit = $250,000
Julio Borbon OF $3,250,000 2016 Cap Hit = $1,625,000
Chone Figgins OF $500,000 2017 Cap Hit = $250,000
As a result I will have a cap hit of $4,225,000 for 2016 and $250,000 for 2017.