‘There are five ways a player’s salary can be reduced by teams. The first, as in the case of Klein and Feliciano, is an outright release. The second is a trade. The other options involve the player staying with the team. The third option is a straight pay cut. The fourth involves restructuring a contract, which usually takes the form of converting a base salary into a guaranteed signing bonus, which then is prorated over the life of the deal. The fifth is offering a player a contract extension, which provides a similar benefit to restructuring.’