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Correct me if I'm wrong, but we seem to have arbitration even if it does not go by that name. We allow the extension of expiring prospect contracts at far less than market value for up to 5 years. Isn't that what arbitration really is?
Our current three year clock for prospect contracts for the league minimum is a direct reflection of the first three years of arbitration eligibility, where players get pretty much nothing.
I agree with Roy. We already have a simple replacement of an arbitration system with prospect contracts and prospect extensions.
Here is an idea... go with Dan's suggestion of eliminating RFAs, using he type A and B system for all FA, amd having a short period for resigning. We could give longer periods for small market teams and shorter periods fo big market teams. Years 4 to 6 of arbirtration are already naturally replaced by prospec extensions. We could always add a special 1-year arbirtration contract a market value for those years.
Do we want to vote on this? Ben, Jake, and Roy - what are your thoughts?
Can you be more specific on the time periods for small market and big market teams? Also, what would be the divider between the two (cap amount)? 100m?