How do extensions work in FGM?

[Vollmernator]

I join start of this season and don't know how extensions work and what if you. Sign extensions before trade deadline. Also the players I want to resign are expiring at end of this year I want to sign today if I can to see if I have enough and Possibley might be better to sign before deadline. Someone please let me know.

[Paul S.]

Extensions can be done at any time before the season ends and do not need to be made before the trade deadline.   Extensions made now are based on the highest position ranking from Fantrax for the 2014 and 2015 seasons.
http://www.profsl.com/smf/index.php?topic=34.0

[Vollmernator]

Thanks bud for letting me know

[Vollmernator]

What about players with multiple positions like Brock holt he can play CI,MI,OF do I take the highest position in each year

[Flash]

I join start of this season and don't know how extensions work and what if you. Sign extensions before trade deadline. Also the players I want to resign are expiring at end of this year I want to sign today if I can to see if I have enough and Possibley might be better to sign before deadline. Someone please let me know.

The rules regarding extensions are spelled out in the section entitled "Contracts".  I will try and give you a brief overview and you can ask questions for clarification. 

In regards to your question about timing, here's the pertinent information from our rules:

Contract extensions are based on looking up the player's highest salary per ranking by each eligible position in both the current season and the last season.  If an extension is done during the season and before the trade deadline, then the previous TWO seasons and the current season must be looked at.  In the off-season, the last two seasons will be used.  Therefore...

--REGULAR SEASON, PRE-JUNE 1ST (2015): 2013, 2014, and 2015 rankings are used (This has passed and does not apply to your team right now)
--REGULAR SEASON, AFTER MAY 31ST (2015): 2014 and 2015 rankings are used
--OFFSEASON (2015-2016); 2014 and 2015 rankings are used

On your roster, for a player like CI/MI/OF Holt, Brock, $0.5m (2015), you would have to look at his rankings for all three positions for which he is eligible--CI - MI - OF.  Contract extensions also have their own Maximum/Minimum amount of years--you can review the scale in the contracts section, but I will give you the options available in this example scenario.

Brock Holt - Player Rank

CI - 2014 - 1547.6 pts = #46
CI - 2015 - 1302.0 pts = #36 -- $6.0m (4 years or 2 years)

MI - 2014 - 1451.36 = #28
MI - 2015 - 1198.40 = #20 -- $6.0m (4 years or 2 years)

OF - 2014 - 2243.6 = #37
OF - 2015 - 1842.8 = #11 -- $16.5m (5 years or 4 years) - This is the extension you would have to agree to in order to keep Brock Holt because you must take the highest contract extension contract amount.

Prospect extensions are different.  If you want to utilize the reduced amount scale afforded prospects, then the contract must be 5 years in length and must be at least $4.0m.  You can also sign prospects to regular extensions based on their rankings for least money and less years.

20XX - 60%
20XX+1 - 50%
20XX+2 - 40%
20XX+3, n/a - 30%

Hope this helps you understand the extension process a bit more.  Please review the rules regarding extensions at this link:  http://www.profsl.com/smf/index.php?topic=34.0

If you need further clarification, please post your questions.  Since we have a few new GMs in the league, this is good for everyone to know.

[Vollmernator]

So would Brock Holts contract be 16.5Mil / 4 or 5 years or is it 16.5Mil per year. Just need to know cause I'm gonna trade him if it's 16.5MIL per year

[papps]

Holt is #12 OF so his extension is $15.5 for 5 years. 

[Vollmernator]

So 15.5Mil per year for 5 years

[Flash]

Holt is #12 OF so his extension is $15.5 for 5 years.

Before we get caught up in the "let's correct each other posts", player values sometimes change on a daily basis because of a variety of factors.  When I posted Holt's ranking earlier, it was before today's games, so yes, he did indeed fall one spot to #12 and that changed the value of his extension by $1.0m.  At this particular moment, after getting a hit in the 1st inning, he has accumulated 28.8 points and is again ranked at #11--so his rank can affect his extension amount.

If his current rank is #12 as an OF, he could be signed for five years -- $15.5m (2020).  This means his contract is $15.5m per year.  If he is ranked #11, then the information I posted earlier is pertinent.

With that, if he is #12, he does not necessarily have to be signed to a five year deal, he could be signed to a three year deal.  If he is ranked #11, he could be extended for four years.  Here is an excerpt from our rules with a table illustrating the minimum amounts for contract extensions:

Contract extensions follow the contract maximum lengths as shown above as well as their own minimum standards.

$20m+ - 5 years
$16 to $19.5m - 4 years
$11 to $15.5m - 3 years
$5 to $10.5m - 2 years

Send me a PM if you have further questions.

[Vollmernator]

Looks like I'm have to try to trade holt or lose him to FA since I only have 1.0MIL for next year.