Question about cash

[Pat]

So, right now I am at $19,476,133. I am $11 mill over budget. So I technically have $8,358,596 left in cash. If I make a trade, and receive cash, the max I could get is $500K or could I get like $12 mill?

[Riverman]

So, right now I am at $19,476,133. I am $11 mill over budget. So I technically have $8,358,596 left in cash. If I make a trade, and receive cash, the max I could get is $500K or could I get like $12 mill?

The only time the $20 million max comes into play is at the end of the season. If you make a trade you will be eligible to recieve up to the total remaining salary of the player(s) received in that trade.

[Pat]

The only time the $20 million max comes into play is at the end of the season. If you make a trade you will be eligible to recieve up to the total remaining salary of the player(s) received in that trade.

Awesome. Exactly what I wanted to hear.

-second question-

What is the penalty for being over budget? But still having the cash to cover...don't we have some luxury tax or something.

[Clay]

Luxury tax is based on your payroll

Finishing in the red is only an issue if you do it two seasons in a row. The exact penalty is being finalized but it will likely include a change in Market Size and/or loss of draft picks.

[Pat]

So what is the Luxury tax limit? I'm positive I am over it, and curious of what I will have to do.

[Lintyfresh85]

This is from 83... http://www.simgamingnetwork.com/foru...ghlight=luxury

So maybe only 3 million or so?

[Clay]

So what is the Luxury tax limit? I'm positive I am over it, and curious of what I will have to do.

Luxury Tax

• The Luxury Tax is $90 million

• Any team who's Player Expenses exceed the luxury tax will be penalized 50% of the amount they go over.
• Luxury taxes paid will be distributed evenly among all teams with revenue below the league average.

[Riverman]

So what is the Luxury tax limit? I'm positive I am over it, and curious of what I will have to do.

It is 50% of player costs over $90 million, I believe. It could hit you pretty hard if after this season if you don't cut payroll.

[Pat]

It is 50% of player costs over $90 million, I believe. It could hit you pretty hard if after this season if you don't cut payroll.

Guess I will have to just win it all to make it worth it...

[Pat]

Decided to just post my question in an existing thread...

Question 2) In the past we were able to disperse cash received in a trade over the years of a contract...are we still able to do this?

For example: I trade for a guy who has a three year deal at $9 mill per. I receive $9 mill in cash. Can I change his contract to like $6 mill per?

I don't think we can do that anymore, but I could be wrong.

[Ryan]

I thought we could.

[Riverman]

Yes, you can. It would be a mistake to do this in the current year of the contract though once the season has started. You should add that $3 million to current cash.

[Clay]

I think you can too.