red sox extension

[nerwffej]

SP Hochevar, Luke, $3m (2013)
2010 rank 126
2011 rnk 62  4mil
SP Hochevar, Luke, $4m(2014) $3m $3m $4m

[MillerTime]

I am not sure an extension is allowed like this, I am going to have someone else review.

[shooter47]

I am not sure an extension is allowed like this, I am going to have someone else review.

Seems to be allowable.  See the following example of the kenny lofton example from the contracts rules page.

Contract Terms
Except for any contract inherited in 2009, all contracts must be no longer than six years.  Also, for a given salary, all contacts have term limits (max years contract can be per the salary) as provided below.

<= $1m, 2 years
$1.5m - $5m, 3 years
$5.5m - $10m, 4 years
> $10m, 5 years (the overall limit)

Note that the term limits apply to the future years of a contract extension.  For example, a 2011 contract could get a three year extension starting in 2012 and ending in 2014.   We still have minimum and maximum years protecting this new contract status, so the total number of future years may not be more than five (for a salary > $10m).  For extensions, term limits apply for years after the current year, so for that 2011 contract example, a $1.5m salary could be given across three years: 2012-2014.  Another example, say it is 2011, and a player has a $1m (2012) contract.  You want to give them an extension at $1.5m/year (term limit of 3 years).  The term limit says that the contract extension can only run through 2014, so the player is paid $1m in 2011, $1m in 2012, $1.5m in 2013, and $1.5m in 2014.  The three-year limit applies to future years!

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

Likewise, the minimum standards apply to future years of an extension.  For example, Kenny Lofton is the 11th ranked OF in 2011 (wouldn't that be something) which means he must be paid $12m.  Let's say his existing contract is $5m (2012).  The minimum years for a $12m deal is 3 years and the max is 5 years.  The overall max term limit of a contract is five years after the current year.  Lofton can be given a 4-year $36m extension starting in 2013, so he will be paid $5m in 2011, $5m in 2012, $12m in 2013, $12m in 2014, $12m in 2015, and $12m in 2016.

[Dan Wood]

Since contracts now start the following season...4 mil would put it at a 3 year max deal...2013 would be at 3 mil. Jeff could in fact sign him to a contract extension of 4 mil for 2 additional years after 2013.  More or less what it breaks down to is...

3 mil in 2013 (current contract)
4 mil in 2014 (extension)
4 mil in 2015 (extension)

[nerwffej]

Since contracts now start the following season...4 mil would put it at a 3 year max deal...2013 would be at 3 mil. Jeff could in fact sign him to a contract extension of 4 mil for 2 additional years after 2013.  More or less what it breaks down to is...

3 mil in 2013 (current contract)
4 mil in 2014 (extension)
4 mil in 2015 (extension)

Sounds good to me  I want to extend him to 4 mil (2015)