2018 Erie Seawolves Waivers

[Deleted]

Gonzalez, Brian SP Bal - (spec)

no penalty

[Deleted]

REVISED to be IAW the new Amendment

Erie waives:

Choo, Shin-Soo OF Tex $20.00 $21.00 $21.00
Buyout: $10.0M 10.5M $10.5M

Ellsbury, Jacoby OF NYY $21.42 $21.42 $21.42 $21.00
Buyout: $10.71M  $10.71M  $10.71M  $10.5M

Parker, Jarrett OF SF $0.50 $0.50 $0.50
Buyout: $0.25M  (PP Contract)

Garcia, Yimi RP LAD $0.50 $0.50
Buyout: $0.25M  (PP Contract)

Tillman, Chris SP Bal $7.00 $5.40
Buyout: $3.85M  $2.97M

Total Roster Buyout/Savings Per Year: (18) $24.71M  (19) $24.41M  (20) $21.71M  (21) $10.5M

[Deleted]

Revised IAW the New Amendment

One more for good posterity....

Sipp, Tony RP Hou $2.40 $2.20
Buyout: $1.32M  $1.21M

[PawSox (GazW)]

Amendment 10.3.2 Buyout Clauses

The current buyout method is being reworked, and there will now be a tougher method to buyout of contracts. Previously you could buy out a players full contract remaining for 50% of the entire sum of remaining money, or 50% of each year for the remainder of the contract. This percentage will now increase significantly, and will also have a step program.

If you are buying out a 1 year deal, the penalty is now 60% of the contract remaining
(example: Player A 2015:$10.0M = penalty owed for 2015 = $6.0M)

If you are buying out a 2 year deal, the penalty is now 55% of the contract remaining
(example: Player B 2015:$10.0M, 2016:$10.0M = Penalty owed for 2015 is $11.0M, or over two years would be $5.5M each for 2015, and 2016)

If you are buying out a 3 year deal or longer, the penalty is now 50% of the contract remaining
(example: Player C 2015:$10.0M, 2016:$10.0M, 2017:$10.0M = Penalty owed for 2015 is $15.0M, or over three years would be $5.0M each year)

Rick, Tillman and Sipp need to be 55%. Also, if those guys at $0.5m are PP then you only pay for one year, as you would be non-tendering the other years.

[Deleted]

Feb 20, 2018 3:43:40 GMT -5 PawSox (GazW) said:

Amendment 10.3.2 Buyout Clauses

The current buyout method is being reworked, and there will now be a tougher method to buyout of contracts. Previously you could buy out a players full contract remaining for 50% of the entire sum of remaining money, or 50% of each year for the remainder of the contract. This percentage will now increase significantly, and will also have a step program.

If you are buying out a 1 year deal, the penalty is now 60% of the contract remaining
(example: Player A 2015:$10.0M = penalty owed for 2015 = $6.0M)

If you are buying out a 2 year deal, the penalty is now 55% of the contract remaining
(example: Player B 2015:$10.0M, 2016:$10.0M = Penalty owed for 2015 is $11.0M, or over two years would be $5.5M each for 2015, and 2016)

If you are buying out a 3 year deal or longer, the penalty is now 50% of the contract remaining
(example: Player C 2015:$10.0M, 2016:$10.0M, 2017:$10.0M = Penalty owed for 2015 is $15.0M, or over three years would be $5.0M each year)

Rick, Tillman and Sipp need to be 55%. Also, if those guys at $0.5m are PP then you only pay for one year, as you would be non-tendering the other years.

I must have missed the rule amendment. I will fix it later today. Have we updated the rules posted on the boards, because I read it just before making the post, and it said 50%. Did not mention the new amendment.

[PawSox (GazW)]

Yeah, that amendment is taken directly from the rules page.

[Deleted]

Guess I stopped reading when I saw this in the first three paragraphs:

A GM has the right to waive any player to free agency. To waive a player you must post him in a new thread under the section titled "Waivers". This will make permanent the decision to waive a player to free agency (non-revocable). Once posted, a player will be subject to hold for a 72 hour period, during which two actions can be taken.

1. Player can be claimed by another team, of which posting team will receive nothing in return and the claiming team will take on the player and his entire contract. If 2 teams place a claim for the same period, waiver order will be consulted (which will be determined by the reverse order of Inaugural Draft). Once the season starts, the waiver order will be subject to the standings, as of the previous scoring Monday.

2. Player goes unclaimed, of which the posting team will be responsible for 50% of the remaining contract.

EXCEPTION: After the Trade Deadline, MLB players can be posted on revocable waivers. Any claimed player will be subject to 48 hours for a deal between posting and claiming teams. Failure to agree to a deal will allow the posting team the decision to hold on to the player, or be released to free agency. If a player is held onto by the posting team after 48 hours, he may not be traded at any point. Players may only be posted on revocable waivers once per season.


*Note - the GM who previously waived said player and now wants to pick that player back up through FA, MUST initially bid an amount (and term, if applicable) equal to or greater than the amount and term at the time said player was dropped to FA. Any lesser bid by that GM will be invalid and immediately voided.

I just assumed (I know), that it was still only 50% period. Didn't bother to read further on down the thread. I didn't know that it would contradict itself later on!

[BlueSox GM(Matt P)]

It was 50% at first across the board, and then Jimmy couldn't stand how teams were getting out of bad contracts, so he went the other way and went 70/60/50 for 1yr/2yrs/3yrs plus. We have since negotiated it down to 60/55/50.

[Deleted]

I understand that and I am good with it. Just pointing out that that first couple of paragraphs needs to be updated.

[Deleted]

Erie Seawolves release:

Moss, Brandon CI StL $7.10m - Buyout Cost: $4.26m

Valaika, Pat CI Col $0.50 $0.50 $0.50 $0.50 - Buyout Cost: $0.25 $0.25 $0.25 $0.25

[BlueSox GM(Matt P)]

If Pat Valaika's contract is PP (I believe it is), it's just 60% for the first year, and nothing for the rest of the contract.