4 years. Drop SP Miranda, Ariel, $0.3m
The best you can do with $11.0m is $3.7m (2020)
Here are the Contract Rules:
Contract Limits
Below are the maximums. Example if you give a player 1.1m per year... The most years you can do is 3.
$0.3m - $1.0m 2 years
$1.1m - $5.4m 3 years
$5.5m - $9.9m 4 years
$10m or more 5 years (the overall limit)
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