Can someone explain to me my finances? The date on this is 10-25 and I have just traded Santana who is making 21 million per year that is not processed yet. The league is saying that I am broke (-8 million) and that I cant draft. I say that I have 15 million in cash that is reflected in the page below. Anyone's help is welcomed and please list your credentials if you decide to comment.
Team Financial Report
General Information
Team Focus Rebuilding
Staff Payroll $0
Player Payroll $100,415,130
Current Budget $75,600,000
Projected Balance $-42,781,742
Average Player Salary $2,574,747
League Average Salary $2,259,482
Current Financial Overview
Attendance 2,402,481
Attendance per Game 29,660
Gate Revenue $36,799,247
Playoff Revenue $0
Media Revenue $29,565,975
Merchandising Revenue $15,726,158
Revenue Sharing $0
CASH $27,970,487
Player Expenses $118,381,742
Staff Expenses $0
BALANCE $-8,319,875
Last Season Overview
Attendance 2,630,961
Attendance per Game 32,481
Gate Revenue $41,306,087
Playoff Revenue $0
Media Revenue $29,565,975
Merchandising Revenue $19,491,310
Revenue Sharing $0
CASH $11,594,500
Player Expenses $54,888,904
Staff Expenses $17,570,000
BALANCE $29,498,968