bocadillo
Water Gypsy
Plenty of players have had their contracts paid up, we've done it enough in recent years. Negotiate with them a percentage of their overall wages they are will to accept to bugger off elsewhere. We might save 10% and they can go elsewhere and get wages from another team meaning they probably come out on top.
No, they don't come out on top. Any extra they earn is recouped by the club that paid them off. There is really very little incentive for a player to accept a termination of his contract until he has another ready to sign.