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And not just that, but Gallardo is probably bought out saving several million. Smyly is likely non-tendered freeing up even more dollars.
If the M's buy out the contracts on Gallardo and Iwakuma, it would cost $3 million, but I think the M's got $2 million along with the Gallardo acquisition to pay for that $2 million.
Non-tendering Smyly frees up another $9 million they expected to be paying.
All in all they save $30 million by not paying those guys.
Really the only ones in the rotation they'll be paying big money are Felix and Leake at the moment. Not sure why they locked in a #5 making $12 million per year, but here we are.