Post by Rams GM (Frank) on Sept 27, 2014 11:34:22 GMT -5
Just spit-balling something here, and would like members thoughts.
As an added option to the standard 25% cap hit for the duration of a contract for a player that is waived and not claimed, how about a contract buyout. Say for example, if an owner decided to buy out a players contract, that we take the average salary per year remaining on his contract, and apply a 75% buyout rate for the current year, but that owner would no longer be responsible for future money for that player.
Example: Tony Romo (QB-DAL) 21.78/25.28/15.1/19/UFA
The average salary works out to 20.29M per year.
A 75% buyout would mean a 15.22M cap hit for the current year, but that owner would be off the hook for future season.
I guess what I'm thinking is for new owners who inherit bad teams, this could be a way to get bad contracts off the books fast, and begin a rebuild process more quickly. And quite honestly, even veteran owners often make contract mistakes, and this is another way to remedy some of those mistakes. I see this as an option to the standard waiver rule we have in this league, and it would be a choice at the complete discretion of the GM of that particular organization whether as to 'waive' a player or perform a 'contract buyout'.
Let me know what you guys think, especially what would be the great flaw in a rule like this.
Frank
As an added option to the standard 25% cap hit for the duration of a contract for a player that is waived and not claimed, how about a contract buyout. Say for example, if an owner decided to buy out a players contract, that we take the average salary per year remaining on his contract, and apply a 75% buyout rate for the current year, but that owner would no longer be responsible for future money for that player.
Example: Tony Romo (QB-DAL) 21.78/25.28/15.1/19/UFA
The average salary works out to 20.29M per year.
A 75% buyout would mean a 15.22M cap hit for the current year, but that owner would be off the hook for future season.
I guess what I'm thinking is for new owners who inherit bad teams, this could be a way to get bad contracts off the books fast, and begin a rebuild process more quickly. And quite honestly, even veteran owners often make contract mistakes, and this is another way to remedy some of those mistakes. I see this as an option to the standard waiver rule we have in this league, and it would be a choice at the complete discretion of the GM of that particular organization whether as to 'waive' a player or perform a 'contract buyout'.
Let me know what you guys think, especially what would be the great flaw in a rule like this.
Frank
