Re: Brewers Release Vargas
Originally Posted by dfs
Vargas may be better than fogg, but that still doesn't mean that he's good. I would still rather they pour starts into Belisle and I'm not a big Belisle fan.
Can somebody help me with the mechanics of this?
I was under the impression that major league contracts were structured so that the player got paid even if they got released. Indeed that's the whole holdup with Stanton, the reds have to pay him even if they cut him.
How is this different and the Brew-crew is saving money be releasing him?
This is a cliff's notes generalized explanation: Even though a guy is signed, a club isn't on the hook for the whole contract if it's a nonguaranteed deal and they release him before certain dates. The amount they're on the hook for is graded based upon the length of time before they release a guy. The Brewers signed Vargas for $3.6M but only had to pay him $.9M (1/4th the value of the contract) since they released him when they did. So the Brewers saved $2.7M in theory. The Ms released HoRam 12 days ago and only had to pay him 1/6th of the money he signed for because they released him before the cutoff for the next bump up.
It's a way to take a cheap flyer on a guy rather (i.e. the Ms basically kept HoRam as an option for roughly $100K) than simply non-tendering him and not having him in the mix at all. Clubs couldn't really do this with guys they sign for multiple years.
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Last edited by jojo; 03-26-2008 at 04:51 PM.