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Otto Porter (Chi - SF) IW w/ buyout

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Salary Sports :: Salary Hoops :: Salary Hoops Archives :: Released Players

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Otto Porter (Chi - SF) IW w/ buyout

by dboy77_2000 Thu Dec 10, 2020 2:06 pm

Using my buyout to cut this bum

dboy77_2000: Super Poster

Re: Otto Porter (Chi - SF) IW w/ buyout

by MistaDuMa Sat Dec 19, 2020 12:26 am

How are you using the buyout? A lump sum of $13.2 or half the annual at 5.5/5.5/2.2*?

MistaDuMa: Dedicated Member

Re: Otto Porter (Chi - SF) IW w/ buyout

by dboy77_2000 Sat Dec 19, 2020 10:49 am

half annual

thanks!

dboy77_2000: Super Poster

Re: Otto Porter (Chi - SF) IW w/ buyout

by MistaDuMa Mon Dec 21, 2020 10:19 pm

Processed

MistaDuMa: Dedicated Member

Re: Otto Porter (Chi - SF) IW w/ buyout

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Salary Sports :: Salary Hoops :: Salary Hoops Archives :: Released Players

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Bidding System

Bidding System: When bidding on a posted f/a, teams will have a maximum of 3 bids. The original post or illegal bids do not count as bids.

Bidding Equal Years:When bidding under $10M per season: A bid may be a minimum of a 10% increase of the Avg salary. If the bid is under a $1m increase per season, 2 of the 3 bids will be charged. When bidding $10M per season or more: The bid must be a minimum of $1M per season more. 1 bid will be charged.

Adding Year(s): When adding years to a contract the players avg salary per season can drop up to (but not more than) 10%.

Reducing Years: Teams can reduce a Max of 2 years off the current bid. Teams can match the current total contract with less years or use the following formula:When reducing the current bid by 1 year, the players avg salary per year must increase 60% or more. When reducing the current bid by 2 years, the players avg salary per year must increase 75% or more.