Post by Deleted on Nov 27, 2018 21:42:39 GMT -5
The New York Yankees buyout the following contract to outright release the player:
Kevin Siegrist/ RP/ FA: 2019 - 2.46m/ 2020 - 2.46m/ 2021 - 2.46m/ 2022 - 3.69m TO/ 2023 - UFA
3 years left at 2.46m per year, which makes AVG salary 2.46m
2.46m x 50% = 1.23m cap hit for 2019 season = Contract Bought Out
Kevin Siegrist/ RP/ FA: 2019 - 2.46m/ 2020 - 2.46m/ 2021 - 2.46m/ 2022 - 3.69m TO/ 2023 - UFA
3 years left at 2.46m per year, which makes AVG salary 2.46m
2.46m x 50% = 1.23m cap hit for 2019 season = Contract Bought Out
