Post by OriolesGM (Tyler) on Jan 14, 2020 11:37:28 GMT -5
Motion to change the waived player contract buyout criteria. Buyout time frame would be changed from May 1st to once Beginning-Year roster Verification have finalized in January. The change will take effect in the upcoming 2020 season and going forward, so long as 12/20 are voted in favor.
(http://fieldofdreams.freeforums.net/thread/8/waivers)
Waivers
D. WAIVED PLAYER CONTRACT BUYOUTS:
1. Once players have cleared waivers without being claimed, the waiving team will have the option of a 100% buyout, has to be all at once as voted upon in a league constitution poll.
Example: I waive Ryan Braun who is owed $10m for 3 more years because he was caught using again on Monday morning at 7 am ET. He sits in waivers, passes through without anyone taking his salary on and is off waiver at Wednesday at 6:59 am ET. I have until Saturday at 6:59 am ET (72 Hours) to make the decision to buyout the contract. If not made at that time, I cannot buyout any portion of his contract and will owe the contract as it's played out over the next 3 years.
2. BUYOUTS will Open May 1st, Close 48 hours after our World Series (when a league winner is declared and crowned).
The amendment would be updated to the following below:
D. WAIVED PLAYER CONTRACT BUYOUTS:
1. Once players have cleared waivers without being claimed, the waiving team will have the option of a 100% buyout, has to be all at once as voted upon in a league constitution poll.
Example: I waive Ryan Braun who is owed $10m for 3 more years because he was caught using again on Monday morning at 7 am ET. He sits in waivers, passes through without anyone taking his salary on and is off waiver at Wednesday at 6:59 am ET. I have until Saturday at 6:59 am ET (72 Hours) to make the decision to buyout the contract. If not made at that time, I cannot buyout any portion of his contract and will owe the contract as it's played out over the next 3 years.
2. BUYOUTS will Open once Beginning-Year roster Verification have finalized in January, Close 48 hours after our World Series (when a league winner is declared and crowned).
(http://fieldofdreams.freeforums.net/thread/8/waivers)
Waivers
D. WAIVED PLAYER CONTRACT BUYOUTS:
1. Once players have cleared waivers without being claimed, the waiving team will have the option of a 100% buyout, has to be all at once as voted upon in a league constitution poll.
Example: I waive Ryan Braun who is owed $10m for 3 more years because he was caught using again on Monday morning at 7 am ET. He sits in waivers, passes through without anyone taking his salary on and is off waiver at Wednesday at 6:59 am ET. I have until Saturday at 6:59 am ET (72 Hours) to make the decision to buyout the contract. If not made at that time, I cannot buyout any portion of his contract and will owe the contract as it's played out over the next 3 years.
2. BUYOUTS will Open May 1st, Close 48 hours after our World Series (when a league winner is declared and crowned).
The amendment would be updated to the following below:
D. WAIVED PLAYER CONTRACT BUYOUTS:
1. Once players have cleared waivers without being claimed, the waiving team will have the option of a 100% buyout, has to be all at once as voted upon in a league constitution poll.
Example: I waive Ryan Braun who is owed $10m for 3 more years because he was caught using again on Monday morning at 7 am ET. He sits in waivers, passes through without anyone taking his salary on and is off waiver at Wednesday at 6:59 am ET. I have until Saturday at 6:59 am ET (72 Hours) to make the decision to buyout the contract. If not made at that time, I cannot buyout any portion of his contract and will owe the contract as it's played out over the next 3 years.
2. BUYOUTS will Open once Beginning-Year roster Verification have finalized in January, Close 48 hours after our World Series (when a league winner is declared and crowned).