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Buyouts Revisited (VOTE) FCC

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Buyout Definition

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Total Votes : 9

Buyouts Revisited (VOTE) FCC

Post by Xezus on Sun Jan 13, 2013 1:55 pm

I would like to amend the rule book to be A buyout is 50% of the remaining salary, instead of what it says now.... "Teams can buyout player's contracts before the trade deadline. The team will pay 50% of the player's remaining salary or Avg salary (whichever is greater) for all remaining years and the player will go to free agency."

Obviously this requires a vote.

I see no need to punish guys who pay more up front and making them essentially pay more at the back end when they buyout a player (check Luke Adam's buyout in the irrevocable waivers section for an example)

guys who structure from low to high wouldn't be affected by this deal because the players remaining salary would be higher than the average after the 1 year becomes paid for.

this only makes it equal and IMO more fair for the downward structured contracts.

Another Example

player A
4 year deal
5/4/3/2

1st 2 years you pay and he is left on your team with a 3/2 contract and you wish to purchase a buyout.
The rule book states that because his average salary is 3.5 over the course of his deal you much pay 50% of 3.5 mil per season 1.75/1.75.

the change would essentially make the buyout only 50% of the remaining salary so 1.5/1 or 2.5 mil.

Vote!

If passed i would like it to be applied to every contract affected prior to the start of the 2013 season including the buyouts posted already.

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Re: Buyouts Revisited (VOTE) FCC

Post by nostratimus on Sun Jan 13, 2013 2:00 pm

I agree Darrin. This makes more sense than current rule.
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Re: Buyouts Revisited (VOTE) FCC

Post by ericdm70 on Sun Jan 13, 2013 2:11 pm

Voted

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Re: Buyouts Revisited (VOTE) FCC

Post by GoPackGo on Sun Jan 13, 2013 2:20 pm

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Re: Buyouts Revisited (VOTE) FCC

Post by DmanofGod1 on Sun Jan 13, 2013 2:26 pm

Voted

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Re: Buyouts Revisited (VOTE) FCC

Post by BossSquig on Sun Jan 13, 2013 3:44 pm

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Re: Buyouts Revisited (VOTE) FCC

Post by London (Kiefer) on Sun Jan 13, 2013 4:17 pm

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Re: Buyouts Revisited (VOTE) FCC

Post by bshirt7 on Sun Jan 13, 2013 6:30 pm

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Re: Buyouts Revisited (VOTE) FCC

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