* The Bush League

Atlanta Braves Miami Marlins New York Mets Philadelphia Phillies Washington Nationals :: Baltimore Orioles Boston Red Sox New York Yankees Tampa Bay Rays Toronto Blue Jays 
Chicago Cubs Cincinnati Reds Milwaukee Brewers Pittsburgh Pirates St. Louis Cardinals :: Chicago White Sox Cleveland Indians Detroit Tigers Kansas City Royals Minnesota Twins 
Arizona Diamondbacks Colorado Rockies Los Angeles Dodgers San Diego Padres San Francisco Giants :: Houston Astros Los Angeles Angels Oakland Athletics Seattle Mariners Texas Rangers Blank 


Blank Blank Champions: 2013 :STL: Paul S. Blank 2014 :CLE: Brent Blank 2015 :WAS: Oudan Blank 2016 :NYY: themarksman13 Blank 2017 :NYY: themarksman13 Blank 2018 :NYY: themarksman13 Blank 2019 :ARZ: Yeagg

Author Topic: Contracts  (Read 4119 times)

0 Members and 1 Guest are viewing this topic.

Offline Eric

  • Legend
  • *****
  • Join Date: Dec 2010
  • Posts: 35063
  • Bonus inPoints: 0
    • :CAR:
    • :Blank:
    • :COL-NHL:
    • :Kansas:
    • :LIV:
    • :BOS:
    • View Profile
Contracts
« on: May 06, 2013, 01:15:21 PM »
Contract Requirements
  • Each year of a contract must have the same salary amount.  There are no variable contracts.
  • The minimum salary is $500,000 and must be in multiples of $100,000.
  • The maximum length of a contract is five years.

Contracts are also subject to the following term limits:
Total Contract SalaryMax contract term
<= $1m2 years
$1.1m - $5m3 years
$5.1m - $10m4 years
$10m+5 years

Contracts are also subject to the following term minimums:
Annual SalaryMinimum Contract Term
$20m+5 years
$16m to $19.5m4 years
$11m to $15.5m3 years
$5m to $10.5m2 years

Prospect Contracts
A player can be signed to a prospect contract as long as they have less than 50 IP or 150 ABs in their career.  The contract is at the league minimum.  The player may be cut at any time without penalty, as long as their salary was at the league minimum (bonuses are fully guaranteed and stay with winning team for remainder of year). Remember: Bonus money used is of the $10m each team is provided with each year to sign both International prospects and domestic prospects. The unused $10m by each team expires at end of year.  Note that a player also becomes ineligible for a prospect contract when that player is released from a prospect contract that had its three year clock already start.

The contract lasts for three years after the point they accumulate 50 IP (pitcher) or 150 ABs (position player).  They may accumulate this over multiple years, but the three year rule does not take effect until the year they actually hit the accumulation threshold. 

Contract Extensions
Extension values are available here: https://docs.google.com/spreadsheets/d/16FI7d3-mjVzPcukVvtxPgMxmn7FO2ZgcvdVi_0TH87k/edit?usp=sharing

Players can be signed to actual contract extensions at any time.  The new salary for the extension begins after the current contract ends. Players signed to an extension cannot be traded for 60 days. 

Term limits also apply to contract extensions.  The total length of the extension plus the remaining years of the current contract cannot exceed the maximum terms above.  They must also meet or exceed the minimum terms listed above.

Example:
Matt Holiday has one year remaining on his $7m contract running through 2018.  Say he is eligible for a $5m per year extension.  The contract term must be at least 2 years, but no more than 3 years.  Since he has one year remaining on his current contract, one year would be subtracted from the maximum term and his contract would be as follows: $7m in 2018, $5m in 2019 & $5m in 2020.

A player may be given an extension that is less than their current salary.  However, such an extension has three restrictions.
  • This type of extension can only be given in the last year of their contract.
  • The maximum length of this type of extension is two years.
  • New salary may be no less than 70% of previous salary.  Therefore, a player with market value of $2.5m, current one-year deal of $5m, can have an extension for two years equal to $3.5m (0.7 * 5 = 3.5).
To calculate contract extensions, the position rankings for each eligible position is determined.  The highest salary value is used to determine the salary for the extension.  To determine the rankings:
  • OFFSEASON: previous two season rankings
  • REGULAR SEASON, PRE-JUNE 1ST: current season plus previous two season rankings
  • REGULAR SEASON, AFTER MAY 31ST: current season plus previous season rankings
Market values for salary information will be compiled in a spreadsheet calculator that is updated at the beginning of each regular season.

Prospect Extension
Any player who is currently under a prospect contract may be signed to a regular contract extension (see below), but they may also be signed to a prospect extension.  Such an extension must be a 5-year deal where the annual salary is xx% of their market value.  The resulting annual salary must be no less than $4m.  No matter what the current prospect contract is, the prospect extension kicks in the following year at the rate based on when the contract is given.

The following percentages are used based on the remaining length of the original prospect contract.

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

The window for prospect extensions is open until one week prior to the beginning of offseason free agency.
« Last Edit: December 28, 2019, 10:30:48 AM by Greg S »
"Nothing harms an organization or company more than a closed mind."
   -Mark Cuban

My ProFSL Trophy Case

:CAR: - Soon hopefully
:BOS: - 1903, 1912, 1915, 1916, 1918, 2004, 2007, 2013, 2018
:Kansas: (CBB) - 1922, 1923, 1952, 1988, 2008
:NorthDakota: (CH) - 1959, 1963, 1980, 1982, 1987, 1997, 2000, 2015
:NDSU: (CFB) - 1965, 1968, 1969, 1983, 1985, 1986, 1988, 1990, 2011, 2012, 2013, 2014, 2015, 2017, 2018, 2019
:FloridaState: (CFB) - 1993, 1999, 2013
:COL-NHL: - 1995, 2000

 

Forum Search


Quick Profile

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

* Chat Room

Refresh History
  • Vik: Ouch just found a spec I like but realize his clock is 7 more minutes. Feel like bidding now is just not right
    February 20, 2020, 02:15:48 PM
  • RyanJames5: Haha, I hate when I'm too late on something like that.  My cutoff is usually about 4 hours
    February 20, 2020, 02:18:01 PM
  • kidd5jersey: If you guys give me access to Armchair board and roster sheet I will finalize these moves for us while I'm bored at work
    February 20, 2020, 03:36:16 PM
  • Colby: :NASCAR: event for The Open: [link]
    February 20, 2020, 09:04:05 PM
  • gventura: :HOU: OTC
    February 20, 2020, 09:11:25 PM
  • indiansnation: Evening guys
    February 21, 2020, 12:22:58 AM
  • Colby: Holla
    February 21, 2020, 12:23:57 AM
  • indiansnation: Vik pm
    February 21, 2020, 01:00:06 AM
  • indiansnation: Brent pm
    February 21, 2020, 01:19:59 AM
  • Vik: Back Brian
    February 21, 2020, 01:56:44 AM
  • indiansnation: Back vik
    February 21, 2020, 02:53:11 AM
  • cheesesteak: Dodgers on the clock in Armchair
    February 21, 2020, 08:46:47 AM
  • indiansnation: Gventura pm
    February 21, 2020, 10:40:32 AM
  • gventura: FA OF opens at Noon
    February 21, 2020, 01:06:56 PM
  • gventura: :LAD: OTC
    February 21, 2020, 01:07:26 PM
  • gventura: :OAK: OTC
    February 21, 2020, 01:36:13 PM
  • halo99: PM PPG. Thanks I appreciate it sir!
    February 21, 2020, 02:48:24 PM
  • PsychoticPondGoons: Class act. Halo. :toast:
    February 21, 2020, 03:07:56 PM
  • Flash: @PPG Your new recruit was activated
    February 21, 2020, 03:22:25 PM
  • Flash: When you have others in the future, send me a PM with their email and I will be on the look out for them
    February 21, 2020, 03:23:57 PM
  • Flash: We have so many spammers trying to invade ProFSL that sometimes legit ones are overlooked
    February 21, 2020, 03:25:03 PM
  • PsychoticPondGoons: You are THE man!
    February 21, 2020, 03:44:01 PM
  • PsychoticPondGoons: Thanks Flash!
    February 21, 2020, 03:44:06 PM
  • PsychoticPondGoons: :toast:
    February 21, 2020, 03:44:13 PM
  • jackdaniels: new guy in FNHL?
    February 21, 2020, 03:49:24 PM
  • jackdaniels: what's new PPG
    February 21, 2020, 03:49:40 PM
  • jackdaniels: PM man
    February 21, 2020, 03:49:48 PM
  • PsychoticPondGoons: New kid in our FNHL sandbox.
    February 21, 2020, 03:55:30 PM
  • PsychoticPondGoons: details coming soon.
    February 21, 2020, 03:55:37 PM
  • Flash: 99WildThing is having a little trouble logging onto ProFSL.  I sent him a new password and he should be able to log onto ProFSL shortly.  I tried the password and was able to successfully log on.
    February 21, 2020, 04:23:52 PM
  • gventura: :OAK: OTC
    February 21, 2020, 08:14:21 PM
  • 99WildThing: Thanks to Flash for getting me setup.
    Yesterday at 12:14:45 AM
  • Vik: Hey 99Wildthing welcome to the site. You play baseball?
    Yesterday at 12:25:01 AM
  • indiansnation: 99 welcome to site
    Yesterday at 12:36:41 AM
  • Yeagg: Lol let the man breathe
    Yesterday at 03:53:33 AM
  • Mets Donations Accepted: Coming from you that’s funny lol
    Yesterday at 03:07:18 PM
  • gventura: :TOR: OTC
    Yesterday at 05:14:46 PM
  • frankbullsfan: Posted pick for armchair
    Yesterday at 06:14:01 PM
  • gventura: :PIT: PTC
    Yesterday at 07:26:32 PM
  • Yeagg: Really west coast? 4 hours before the 72 hour bid is up?
    Yesterday at 07:54:40 PM
  • indiansnation: Yeagg its legit as much as it sucks
    Yesterday at 08:29:33 PM
  • Thecliff: :judge: NASCAR TCRL Race 2 preview [link]
    Yesterday at 09:56:25 PM
  • Jonathan: Pretty weird seeing a Canes goalie with a leafs mask
    Yesterday at 10:42:38 PM
  • gventura: :TX: OTC
    Yesterday at 10:54:39 PM
  • gventura: :TEX: OTC
    Yesterday at 11:04:33 PM
  • Yeagg: I know its legit. Just annoying
    Yesterday at 11:38:01 PM
  • Yeagg: I'm sure I've done it though so oh well
    Yesterday at 11:38:12 PM
  • Thecliff: :agent: NASCAR TCRL Race 1 highlight [link] is posted. Enjoy  :toth:
    Today at 02:49:17 PM
  • Thecliff: :judge: NASCAR TCRL Race 2 preview [link]
    Today at 02:51:11 PM
  • Brent: test
    Today at 11:35:36 PM