paul j kiggins wrote:If you draft a player with less than 4 yrs service and say that players sal is 7 mil......next year his strat price tag dropped to 5 million in 2020....do you still pay 7 mill or is his salary 5 million or does it still stay at 7 million.Tks
Thought it might be useful to give you the scenario for Bo Bichette with the assumption you are keeping him throughout.
(2019) - His initial contract is for 4.21m as per the srat price. He will have 1 year of service going in to 2020.
(2020) - Bo has less than 3 years of service which means he is ineligible for either an extension or arbitration. His contract will be renewed for 4.21m no matter what his new strat price is. You will not pay lower if he declines or higher if he's the next Derek Jeter. He will have 2 years of service going in to 2021.
(2021) - Again contract will be renewed at 4.21m. He will have 3 years going into 2022 making him eligible for arbitration and contract extension.
(2022) - This is where things change. You will have a decision to make because now Bo is eligible for arbitration and you have the ability to extend his contract for 4 seasons.
1) You decide to extend his contract. It will be for 4 years and the cost will be the average cost of the top 50% (salary-wise) of all the players with the same primary position as Bichette or his current strat price whichever is higher. At the end of the 4 years he will be eligible for free agency. It is my belief that you will not be able to make a further contract extension but rather will have to bid for his services through the free agent process.
2)You decide to go to arbitration. His contract will be his 2022 strat price or the league minimum as set out in Sec. IX .05 whichever is higher. He will have 4 years of service going in to 2023.
(2023) - Assuming you went to arbitration the previous year, you will have the same choice this year, arbitration or 4 year extension. If arbitration, his contract will be his 2023 strat cost or league minimum whichever is higher. He will have 5 years going in to 2024.
(2024) - Assuming you went to arbitration the previous year you will again have to decide between extension and arbitration. However as a 5 year player, Bo is entitled to a minimum of a 5 year contract extension (or longer if you want) and the cost will now be the average of the top 25% salary wise of players in the league at his position or his 2024 strat cost whichever is higher. Again it's my belief that at the end of that contract he will become a free agent with no further contract extensions. If arbitration, same process as before except this time he will be a free agent going in to 2025 because your 6 years of control will be up.
This is my understanding of how this works but I'm not 100% sure.