Magnum drop players

Matt Cullen – F – $1,430,000
Steve Ott – F – $1,600,000
Chris Higgins – F – $1,850,000
salary dropped = $4,880,000
cash back = $2,440,000
cash balance = $2,020,000 + $2,440,000 =$4,460,000

New prices:
Matt Cullen – F -$720,000
Steve Ott – F – $800,000
Chris Higgins – F – $930,000

at 1:37pm, january 20, 2012