Best way to cut dead salary weight - Page 2

Ragin Cajun · 05-19-2005, 05:24 PM

I think the only options are to release him outright and take the financial hit or keep him onboard and pay out the same amount over the years. One thing to think about, if your league has a "cash max" and you are making way more than that in profit, then your extra cash disappears at the end of the year. Release the player to take advantage of that extra profit that you would lose anyway. I did that last year in one league, was going to max my profit at $15mill and then lose an additional $20mill for the season. Cut the player, paid off the $22mill in guaranteed salary and still had $13mill in cash after the year. So technically, the cut only cost me $2mill out of pocket.

Karros270 · 05-19-2005, 05:54 PM

Quote:

Originally Posted by KurtBevacqua

Would work in a solo league, but this is an online league. Not bloody likely to find another owner gullible enough to eat this contract under any circumstances.

Well not now that you've pointed this out.

OmahaBaseball · 05-19-2005, 06:03 PM

Quote:

One thing to think about, if your league has a "cash max" and you are making way more than that in profit, then your extra cash disappears at the end of the year. Release the player to take advantage of that extra profit that you would lose anyway. I did that last year in one league, was going to max my profit at $15mill and then lose an additional $20mill for the season. Cut the player, paid off the $22mill in guaranteed salary and still had $13mill in cash after the year. So technically, the cut only cost me $2mill out of pocket.

Now that is very smart - I will have to remember that.

William4192 · 05-21-2005, 11:01 PM

I hate cash max!

05-19-2005, 05:24 PM	#21
Ragin Cajun All Star Starter Join Date: Dec 2001 Location: Atascosita, TX Posts: 1,173	I think the only options are to release him outright and take the financial hit or keep him onboard and pay out the same amount over the years. One thing to think about, if your league has a "cash max" and you are making way more than that in profit, then your extra cash disappears at the end of the year. Release the player to take advantage of that extra profit that you would lose anyway. I did that last year in one league, was going to max my profit at $15mill and then lose an additional $20mill for the season. Cut the player, paid off the $22mill in guaranteed salary and still had $13mill in cash after the year. So technically, the cut only cost me $2mill out of pocket. __________________ Former NBSL Commissioner: 16 years Former Online League Owner; six time champion

05-21-2005, 11:01 PM	#24
William4192 All Star Starter Join Date: Mar 2002 Location: Florida Posts: 1,625	I hate cash max! __________________ What is this about Rhode Island? It is neither Road or Island. Come check out the PBA. http://www.pioneerbaseballassociation.com Or email at pbacommish@pioneerbaseballassociation.com