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Post by Commish (Pete) on Jun 19, 2012 21:59:05 GMT -5
You may drop a player from your team at any time, as long as it doesn't put you below the roster limit (20 NHL/10minor league players).
If you want to drop a player whose yearly salary is less than $1,000,000 there is no buyout penalty. Just post it in the Player Drops thread and the Commish will drop him from your Fantrax roster. The player is then available in the UFA pool.
If you want to drop a player whose salary is $1,000,000 or more, you pay a buyout fee of %50 of his salary for every contract year. If it's a multi-year contract you have the option of paying the entire amount in the current season, or spreading it out evenly over the length of the contract. Post this transaction in the Buy-Out thread and the Commish will drop him from your Fantrax roster. The player is then available in the UFA pool.
Please keep track of your buyouts on your team board until the buyout fee is paid in full.
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