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Now that we have nearly completed the draft, I would like us to start offering contract extensions to our players. These extensions will begin next year and continue for the number of years offered. Remember, everyone on your roster is currently signed to a one year contract for the current year. You may choose to cut any player during the contract extension period, which will make them a free agent next year. The following are the options available to you.
You may offer a contract extension to any player with 6+ years of service for as many years as you would like to sign them as long as you either match their current salary or offer the minimum salary required for the years of the contract, which ever is higher. If you do not offer an extension then they become a free agent in 2020.
For players with 5 years of service entering their ARB 3 year in 2020 you have three options: (1) announce that you are taking them to arbitration, which will extend your team control for one more year; (2) offer them a five year contract extension at the average salary of the top 25% of players at their primary position; or (3) announce that you will be releasing the player, in which case they will become a free agent in 2020.
For players with 3-4 years of service entering the ARB 1 or 2 years in 2020, you have three options: (1) announce that you are taking them to arbitration, which will extend your team control for one more year; (2) offer them a four year contract extension at the average salary of the top 50% of players at their primary position; or (3) announce that you will be releasing the player, in which case they will become a free agent in 2020.
Players with 1-2 years of service are under team control and can be resigned next year at their current salary or the league average salary for their year of service, whichever is higher; OR you can announce that you are releasing them. If you release the player, they become a free agent for 2020.
I will be posting the first wave of contract signings for my team in the next day or two as an example of how they should be posted.
Philip
You may offer a contract extension to any player with 6+ years of service for as many years as you would like to sign them as long as you either match their current salary or offer the minimum salary required for the years of the contract, which ever is higher. If you do not offer an extension then they become a free agent in 2020.
For players with 5 years of service entering their ARB 3 year in 2020 you have three options: (1) announce that you are taking them to arbitration, which will extend your team control for one more year; (2) offer them a five year contract extension at the average salary of the top 25% of players at their primary position; or (3) announce that you will be releasing the player, in which case they will become a free agent in 2020.
For players with 3-4 years of service entering the ARB 1 or 2 years in 2020, you have three options: (1) announce that you are taking them to arbitration, which will extend your team control for one more year; (2) offer them a four year contract extension at the average salary of the top 50% of players at their primary position; or (3) announce that you will be releasing the player, in which case they will become a free agent in 2020.
Players with 1-2 years of service are under team control and can be resigned next year at their current salary or the league average salary for their year of service, whichever is higher; OR you can announce that you are releasing them. If you release the player, they become a free agent for 2020.
I will be posting the first wave of contract signings for my team in the next day or two as an example of how they should be posted.
Philip
Last edited by sociophil on Tue Apr 14, 2020 8:52 am, edited 1 time in total.