Someone on reading noticed that the Fire bought former Atletico Madrid CAM Nico Gaitan from a Chinese club. They'll probably announce it during the day.
Shit. That dude is good.Someone on reading noticed that the Fire bought former Atletico Madrid CAM Nico Gaitan from a Chinese club. They'll probably announce it during the day.
Galaxy buy out final season of Giovani dos Santos’ contract with team
If accurate, very good news that the rules were not bent.
Somebody explain this to me.... Colorado waived a DP. If another team claims him, they’re on the hook for the amount of his salary that they bid up to the max DP amount, with Colorado picking up the balance plus everything above the DP level. So does that mean Col still has part of their Cap take a hit from the DP balance they’re carrying? And what if nobody claims him, what are they on the hook for?
https://www.mlssoccer.com/post/2019...rapids-waive-designated-player-shkelzen-gashi
There was a draft for players waived from non-guaranteed contacts back when. I bet it's the same order.This is good stuff. So the same rules should apply to GDS. what happens if multiple teams offer $530k for him. Do they go by allocation order?
There was a draft for players waived from non-guaranteed contacts back when. I bet it's the same order.
"A club may buy out one player who has a Guaranteed Contract (including a Designated Player’s) during the offseason and free up the corresponding Salary Budget space. Such a buyout is at the club's expense."
Colorado will just be paying for it, it is not on their salary budget.
This is a waiver, not a buy-out, because if it was a buyout they’d write it. And teams waive players all the time and aren’t written up as having used their buyout, especially because some teams have waived multiple players. So, I don’t this applies how derek_villa has described it, and I don’t think GDS can be claimed by another team for the minimal amount (~$500k) of a DP cap hit.This is good stuff. So the same rules should apply to GDS. what happens if multiple teams offer $530k for him. Do they go by allocation order?
Would we want him for $1.54mm for 1 season?
Right, but does any of the unabsorbed contract hit the former team’s cap? It’s not a buyout, so I’d have to assume something has to hit the cap, otherwise, why not waive as many players as a club is dissatisfied with provided they don’t mind paying extra salaries on the books?Claiming a Guaranteed Player
If a player with a guaranteed contract is waived, any interested MLS club will have 48 hours from the notice of waivers to claim the player by notifying the League of the intention to claim the player and the amount of the player's Salary Budget Charge they wish to assume. The player will be awarded based on a number of factors, including but not limited to, which club is willing to absorb the highest Salary Budget Charge. If the highest Salary Budget Charge is submitted by more than one club, the player will be awarded to the club with the lowest points-per-game average.
Nothing hits the cap of the original team. That’s the purpose of the one time buy out. However, the salary is paid by that owner/club and not by the league as a whole.Right, but does any of the unabsorbed contract hit the former team’s cap? It’s not a buyout, so I’d have to assume something has to hit the cap, otherwise, why not waive as many players as a club is dissatisfied with provided they don’t mind paying extra salaries on the books?
The article does not say this is a one time buyout. It specifically says the player is waived.Nothing hits the cap of the original team. That’s the purpose of the one time buy out. However, the salary is paid by that owner/club and not by the league as a whole.