Post by Minnesota Twins on Apr 5, 2017 8:20:15 GMT -5
-For trades made between the start of the new cap year and the All Star Game, teams can only pay up to half of the traded salary in the current cap year. -After the All Star Game and until the end of the cap year, no restrictions are placed on cash traded in the current cap year. -No restriction is ever placed on cash traded in future cap years.
That's it.
Hypothetical Example: The Pirates trade Kershaw (2017 salary = $30m) and Bumgarner (2017 salary = $20m) to Chicago for prospects and draft picks. -If the trade is made PRIOR TO ALL START GAME, how much cash can be traded? For 2017 cash, the Pirates can send up to $25m ($30+20 = $50...half of $50 is $25). Because Chicago is not trading any salaried players, Chicago cannot send any 2017 cash to the Pirates. For 2018 and beyond, both teams can send whatever cash they want.
-If the trade is made AFTER THE ALL STAR GAME, how much cash can be traded? There is no restriction on cash exchanged for either team for 2017 as well as future cap years.
Starting in 2022 season, full salary transactions do not have to wait until after the all star game. They can happen at the beginning of the All Star break, once the last games are played on the Sunday before the all star game.
Technically, there are no baseball games being played until after the all star game break, so making these type of full salary transactions is a formality with no consequences. The sheets prove cumbersome, and the boards tend to light up right after the all star game. Spreading them out over a 3 day period makes more sense.
Please update the charter.
Sorry for the long winded response. Perhaps Brew can summarize better than I just did!
Last Edit: Jul 11, 2021 18:56:41 GMT -5 by Detroit
Starting in 2022 season, full salary transactions do not have to wait until after the all star game. They can happen at the beginning of the All Star break, once the last games are played on the Sunday before the all star game.
Technically, there are no baseball games being played until after the all star game break, so making these type of full salary transactions is a formality with no consequences. The sheets prove cumbersome, and the boards tend to light up right after the all star game. Spreading them out over a 3 day period makes more sense.
Please update the charter.
Sorry for the long winded response. Perhaps Brew can summarize better than I just did!
I kind of enjoyed it working the way it seemed to this year. It wasn't planned this way, but it seems like a bunch of us were watching the All-Star Game together (virtually), and negotiating trades. Kind of like the Cashman version of the Winter Meetings.