| |
|
|
Contract Extensions
Rules for Contract Extensions
Extensions do not open up until the final transaction week in
February - you can view the form, but it is not functional
Any player may be resigned for an additional season (or more) in order
to lock in a lower salary rate.
- All contract extensions must be completed by Week
17 (July
27).
- Funds are deducted immediately, so the team must be able to pay the
salary. This salary will not be deducted again in the following
season(s).
- Once you pay the full contract amount, you will never get
any of that cash back, despite what happens to the player in
the future.
- A player may be signed for 2011 at his exact salary rate for
2010,
with a minimum of $250,000.
- A player may be signed for 2012 and beyond. The
salary for each year beyond 2011 will be calculated with a 33% raise, given the following minimums:
|
|
|
Player
signed for: |
Cost: |
Minimum Salary |
Minimum Contract Total |
| 2011 |
2010 Salary |
$250,000 |
$250,000 |
| 2012 |
2011
+ 33% |
$1,250,000 |
$1,500,000 |
| 2013 |
2012
+ 33% |
$2,500,000 |
$4,000,000 |
| 2014 |
2013
+ 33% |
$4,000,000 |
$8,000,000 |
| 2015 |
2014
+ 33% |
$6,000,000 |
$14,000,000 |
- Contract extensions are always executed last in
any transaction week
- If a team attempts to sign a player for
multiple years and cannot afford them, BWB will extend the
contract for as long as funds allow.
- If the player is involved in a trade during the
life of the contract, the receiving team inherits the contract and
does not need to pay any of the salary. The giving team will
not receive a rebate of any portion of the future salary.
However, salary costs/rebates for the current season will apply.
- If a player is released who was
signed to a contract in a previous season, there is no rebate. If that
player returns to the free agent pool, it is at the current season's
published salary.
|
|
|
- If a player is released in the same season as
the contract signing, there is no rebate of future salary, but the
current season rebate, if applicable, will apply.
- Players may be placed in the minor leagues if their
published salary (not signed salary) for that season meets league
guidelines.
-
Players on multiyear contracts may never be left
unprotected in expansion, redistribution, or other off-season
draft.
- This is a salary cap move, not a method to keep players for
next season.
|
|
|
|
|
|
|
