* Franchise NHL

Franchise NHL


Author Topic: Contracts  (Read 6778 times)

0 Members and 1 Guest are viewing this topic.

joeshmoe

  • Guest
Contracts
« on: August 17, 2010, 05:04:59 PM »

Flat Salary
There are no variable salary contracts.  Each year of a contract must have the same salary amount.

Minimum Salary

All contracts must be signed to at least $200,000 (increasing to $600,000 in 2018-19) to and must be in multiples of $100,000.

Contract Limits
Except for any contract inherited in 2010, all contracts must be no longer than five years.  Also, for a given salary, all contacts (extension, FA) have term limits (maximum and minimum  years contract can be per the salary) as provided below.

Maximum and Minimum Salaries / Years (non-variable)
<= $1.4m, 2 years
$1.5m - $5.4m, 3 years
$5.5m - $7.9m, 4 years
>=$8m, 5 years (the overall limit)

Extensions
To resign a player with an expiring contract, a team must follow the ranking system along with the standard contract limits listed directly above.
http://www.profsl.com/smf/index.php?topic=12525.0

Original Contracts
All players come in with original deals at Aug 18th, 2010.  Original contract values are taken from Hockeybuzz and rounded to nearest 100k.

Prospect Contracts
Free agent Prospects can be signed to any contract you see fit as long as it matches the min and max rules that are listed above. The player once signed has to be placed on your major league roster. Buyouts follow the same rules as normal roster players.

Entry Level (EL) Contract Designation on Team Roster Page
Will be denoted with "EL" in the years area (EL 2011-2012). Prior to July 2012, EL contracts were designated by "P-2012" for an EL contract that expired in 2011-2012.

Entry Level Contract Values
Draft Position (actual NHL pos.) - Salary
1 thru 5 - 3.0M
6 thru 10 - 2.5M
11 thru 20 - 2.0M
21 thru 25 - 1.5M
26 thru 30 - 1.0M
31 thru 40 - 900k
41 thru 50 - 800k
51 thru 60- 700k
61 thru 70 - 600k  (starting in 2018-19, this will be the MIN for EL contracts)
71 thru 80- 500k
81 thru 90 - 400k
91 thru 100 - 300k
101 and above - 200k (also the FNHL min. salary)


Draftees will be placed onto the MiLR, however, if they exceed the 40 GP limit in 3 years, they must be signed to a rookie contract that can vary in length from 1-3 years and the salary per year must follow the above rules about draft position.  Draft position will be tracked under the team rosters for future reference. Once a players rookie contract is up they must be signed to new contract following normal extension values.

Releasing Players Under Contract
A buyout will occur for 66.66% of the contract value to be paid in equal installments.  This may be spread out over the years remaining in the bought-out contract. Also, as of Nov 9, 2015 - teams cannot bid on or resign a player they bought out in the same contract year.
       
Quote
For Example:  Lets say Pittsburgh decided to waive Sidney Crosby, $8.7m (2012).  The total contract value for Crosby would be $8.7m for three years ($26.1m).  66% of the contract value (rounded to the nearest $100k) is owed to the player, which in this case is $17.2m ($26.1m x .66 = 17.226).  This may be spread out over one, two or three years (because Sidney is signed for three years).

Signing players who were released under contract (rule pending until beginning of season 2)
If a player, who was released under contract, is signed to a new contract; the former team of said player is relieved of the salary obligation, equal to the new contract.

Quote
Example:  So, lets say team ABC releases Dan Doe under contract and owes him 2m for 2 seasons (after 66.66% discount and etc, for ease of discussion).  Team XYZ signs Dan Doe to a 2 year contract @ 1m per.  Team ABC now only owes Dan the contract termination value - the value of the Dan's new contract (2m - 1m = 1m).  The length of the termination remains the same however; team ABC cant restructure to use the 2m of relief in one year for example.  So in essence, Dan's buyout from team ABC is now 1m for 2 seasons instead of 2m for 2 seasons.

If team XYZ signs Dan to a 1 year $1m contract, then team ABC is only relieved of 1m for that year, until another contract is signed with Dan.

As of October 11, 2012 at 19h01 ET, four new buy out types will take effect to allow for additional strategy/tools for cap management:

NEW 2012-13 Retired Players: NHL players who have announced their retirement can be bought out at 40.0% (x 0.40) of their contract value, standard b/o policy above apply.

NEW 2012-13 Player Signs with Non-NHL affiliated Team:: NHL eligible players who have signed a contract to play in a non-NHL affiliated league (ie. KHL, SEL, etc) excluding AHL and ECHL, can be bought out at 40.0% (x 0.40) of their contract value, standard b/o policy above apply.

NEW 2012-13 Amnesty Buy Out (denoted in Buy Out section as "ABO"): Each team can buy out one (1) player at 40.0% (x 0.40) of their contract value which MUST be spread over the remaining yrs of the contract (ie. cannot buyout in 1 year if the contract has 2+ years remaining on it; contract has 5 years remaining then the buy out is spread over the remaining 5 years). ABO's can only be posted during the two (2) week period following the conclusion of the FNHL Stanley Cup Finals (refer to FNHL Deadlines for exact dates). Other standard b/o policy above apply.

NEW 2012-13 Death: NHL eligible players who have passed away can be bought out at 100.0% (x 1.00) of their contract value, standard b/o policy above apply.
« Last Edit: February 17, 2020, 05:16:56 PM by PsychoticPondGoons »

 

Forum Search


Quick Profile

 
 
Welcome, Guest. Please login or register.
Did you miss your activation email?

* Chat Room

Refresh History
  • Thecliff: Real high percentage of deaths are at least 60 years of age and older...
    March 17, 2020, 01:21:31 AM
  • Thecliff: I think I am going to write a novel....
    March 17, 2020, 01:22:58 AM
  • WestCoastExpress: Open to discussing and finalizing trades in any leagues. Work shut down but still required to be "at" work, so not a lot to do. WCB2, FGM, NFL-C, DNHL for future, BoD for future. All ears.
    March 17, 2020, 01:23:22 PM
  • WestCoastExpress: WCB2: :TOR: / FGM: :ATL: / NFL-C: :OAK-NFL: / BoD: :VAN-NBA: / DNHL: :VAN:
    March 17, 2020, 01:26:50 PM
  • Vik: Heard the TBL (turkish basketball league) still going strong. I even know more players than I thought
    March 17, 2020, 07:21:40 PM
  • Vik: [link]
    March 17, 2020, 07:21:54 PM
  • gventura: :ATL: skipped, :MIL: OTC
    March 17, 2020, 10:22:00 PM
  • Vik: :NYY: New York Yankees OTC
    March 17, 2020, 10:54:15 PM
  • gventura: :MIN: OTC
    March 18, 2020, 03:31:56 PM
  • indiansnation: Vik pm
    March 18, 2020, 04:12:31 PM
  • Thecliff: :agent: WCB2 webpage updated [link] including league schedule.
    March 18, 2020, 10:28:43 PM
  • Thecliff: :judge: Philadelphia Phillies OPEN team in WCB2
    March 18, 2020, 10:30:06 PM
  • gventura: :WAS: OTC
    March 18, 2020, 11:40:57 PM
  • indiansnation: Vik pm
    March 19, 2020, 12:09:40 AM
  • indiansnation: Washington pick is in
    March 19, 2020, 12:26:49 AM
  • gventura: :STL: OTC
    March 19, 2020, 12:29:22 AM
  • Thecliff: :agent: MLBFDL draft report added to league webpage [link]
    March 19, 2020, 09:35:25 AM
  • Thecliff: :judge: In BUSH League Texas Rangers are OPEN Team....
    March 19, 2020, 09:58:36 AM
  • gventura: :HOU: OTC
    March 19, 2020, 04:44:55 PM
  • Thecliff: :agent: The Bush League webpage [link] has been updated.
    March 19, 2020, 04:57:20 PM
  • Brent: Yaegg pawned Sale off on me and now Sale is having TJS.  Oh well, there probably won't be a 2020 season so he should be good to go in 2021.
    March 19, 2020, 06:16:18 PM
  • gventura: Maybe, with all elective surgery cancelled they don't know when they'll actually have the procedure done, could be in August
    March 19, 2020, 06:22:24 PM
  • gventura: :TB: OTC
    March 19, 2020, 06:41:14 PM
  • Colby: Bringing some OPEN events" [link]
    March 19, 2020, 11:00:53 PM
  • Thecliff: :agent: BOD Game 20 wildcard highlights [link] is posted. Enjoy  :toth:
    March 20, 2020, 10:36:42 AM
  • Vik: Nice work as always Cliff. Although not sure if it's fair decision to simply allow team who was ahead at stoppage to advance
    March 20, 2020, 11:27:26 AM
  • Vik: Could be moot point either way depending what happens. I feel if they do resume most likely would pretty much go right into real life playoffs
    March 20, 2020, 11:28:09 AM
  • Brent: Should just be no BoD playoffs since we didn't get a full period.
    March 20, 2020, 05:32:18 PM
  • Vik: Yea unfortunately that's most likely scenario. I mean if by some miracle NBA resumes with full or close to full reamining schedule we are good, but even getting real life playoffs seems less likely each day
    March 20, 2020, 07:12:45 PM
  • Yeagg: All of the moves made with 2020 in mind might be foolish anyways.
    March 20, 2020, 08:08:40 PM
  • Yeagg: Foolish the wrong word.
    March 20, 2020, 09:36:59 PM
  • Yeagg: The moves just might not matter
    March 20, 2020, 09:37:14 PM
  • gventura: :LAD: OTC
    March 20, 2020, 11:03:54 PM
  • Colby: Is South Korean baseball going live in a week?
    March 23, 2020, 02:06:21 PM
  • Colby: See March 28 games slated for KBO: [link]
    March 23, 2020, 02:06:32 PM
  • Colby: NHL Sim posted at The Open
    March 24, 2020, 03:34:06 PM
  • Colby: The Open is scoring here: [link]
    March 24, 2020, 03:38:14 PM
  • PsychoticPondGoons: :iatp:
    March 24, 2020, 06:50:21 PM
  • gventura: :TOR: OTC
    March 25, 2020, 11:21:51 PM
  • Colby: Congrats to OPEN rookie jackdaniels for being the only one to go 3 for 3 in our NHL Sim event
    March 26, 2020, 02:36:53 PM
  • Colby: New event for tomorrow :NHL: [link]
    March 26, 2020, 02:42:19 PM
  • Colby: Also, even if you're late this month to THE OPEN, get big time bonus points here: [link]
    March 26, 2020, 02:42:40 PM
  • Burkes Boys: :thumbsup::thumbsup:
    March 26, 2020, 04:11:02 PM
  • gventura: :PIT: OTC
    March 27, 2020, 03:04:31 PM
  • DMarch47: :PIT: has chosen....
    March 28, 2020, 04:00:53 PM
  • Colby: The OPEN has 1 day left of scoring with an NHL sim tomorrow
    March 30, 2020, 07:18:10 PM
  • Colby: Anyone can win $100 for this month. Tomorrow is the last day. There is 900 points available for most people... 300 in the NHL SIM event and 600 in the sponsored event.
    March 30, 2020, 07:19:33 PM
  • Colby: [link]
    March 30, 2020, 07:19:38 PM
  • gventura: :BOS: OTC
    March 31, 2020, 08:22:21 PM
  • PsychoticPondGoons: Stay safe people
    Yesterday at 05:21:44 PM