Date: Thu Mar 30 16:44:53 2006
Sender: Red Burley
This is in EFA, although I dont think it matters.
Ive been offered a trade, and I am lost as to how this will effect my budget.
The deal is:
I give 16 M.Williams DF 2.10 1.26PR 4.20 1
and 1.5 Mil for
1532 C.Maguire DF 1.34 0.79PR 2.66 3
My budget right now stands at
Annual budget: $57 million
Expected earnings: $43.93 million
Payroll: $50.10 million (includes $7.18 million from minors)
Salary including up-front bonuses: $50.10 million
$11.46 million under budget, financial outlook: $-6.17
Im trying to figure out if this trade will get my financial outlook out of the
negatives. Any help? How do I figure this out? Sorry to ask questions like
this, Im not very good at math.
Date: Thu Mar 30 21:56:49 2006
Sender: Bill Howard
Your outlook will change, based on the number of wins you have. The better
your team, the more money you earn. I don't pay too much attention myself to
financial outlook unless its my first season with the team. Once you have
money in the bank so to speak, I just concentrate on building my team.
To answer your question though, I don't believe so.
Date: Fri Mar 31 16:54:01 2006
Sender: Red Burley
Well I thought I had figured this deal out, and thought I was going to get my
payroll DOWN, somehow . . . and of course I was wrong.
Date: Sat Apr 1 16:15:46 2006
Sender: Bruce Bond
Red, you traded Williams (2.10 salary + 1.26 bonus = 3.36) and gave up $1.5
cash for a total of 1.86 (3.36 - 1.5) for Maguire (1.34 salary + 0.79 bonus =
2.13). If you would have made the trade without the cash you would have saved
yourself 3.36 - 2.13 = 1.2 million.
One other note about your comments: if you send out a press release every week
you earn $9.1 million (13 weeks * $0.7 million). So if you send out a press
release every week and have an outlook of -$9.1 million you would still break
even.
Send out those press releases.
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