Franchise NHL - Questions Section

[snugerud]

No NHL player would take a drop in pay to sign an extension and their extensions even though signed early dont typically take effect until the end of their current contract.   

lets call this what it is a loop hole in the rules.  I will agree with Mariner that I had understood it his way. 

[Drew]

No NHL player would take a drop in pay to sign an extension and their extensions even though signed early dont typically take effect until the end of their current contract.   

lets call this what it is a loop hole in the rules.  I will agree with Mariner that I had understood it his way.

It has and always been as mariner had interpreted it. The season must have been 15 games in to use the 2012-13 numbers.

[izaman3]

No NHL player would take a drop in pay to sign an extension and their extensions even though signed early dont typically take effect until the end of their current contract.   

lets call this what it is a loop hole in the rules.  I will agree with Mariner that I had understood it his way.

Yeah extensions don't take effect until the end of the contract, but this would probably harder to keep track of logistically.

Also extensions are depending on production, and if players don't preform then they don't get paid. Look at the Boyes 1m signing or the Wolski 800k signing.

I agree that this is a loophole, but it does seem to be a valid one. Even Pigs made some extensions recently.

[snugerud]

Thanks for the clarification.  :agent:

[PigsRule]

NOTE: i split this discussion off as it cluttered the FA bidding thread for Kunitz.


i've mentioned this in the past and i'll repeat... if anyone is not sure about a rule, please ask for clarification... publicly if possible so we address it openly. :toast:

[PigsRule]

the extension rule was clarified based on 2011 transactions that were accepted and processed.

The Rule States

Extensions:  Teams may offer players extensions at any time with the exception of the start of the season when teams must wait 14-days (the player extension can be posted on the 15th day after the start of the season) for current season's stats to accumulate and be used to rank players.
...

Why wait 14-days? this is meant to indicate that once the official NHL + FNHL seasons start (apparently Oct.11'12 this yr), you'd have to wait until the 15th day of the NHL-FNHL season to offer an extension using 2012-13 stats.

this is to allow 14-days of accumulated stats ... somewhat relevant for fantasy sports purposes.

Off-Season Extensions... however, extensions can be signed in the off-season using the previous 2 season's stats.

Reality VS Fantasy
yes, in real life ... few players would accept a discounted extension contract ... but they do Wolski, Boyes to name 2 players... and sometimes in real life a contract does get replaced by a new extension deal before the original contract expires

in fantasy, to be consistent with the extension rule in FNHL, the new contract replaces the old one immediately + can be lower + it is a "loophole" or "cap management tool" or "strategic play" available to all teams

the extension rule was updated with the "14-days wait time" language as it was a verbal + 1-off thread that i exchanged with the previous commish's last off-season, and it warranted updating in the extension rule.

[PigsRule]

I think I can explain.

As of 8/4/12 we are in the 12/13 fantasy season, and as such all players with contracts that state (2012-2013) are now in the final year of their contract.

We are currently in a off-season FA which technically takes place...

Right now we can extend because ...

Because extensions begin immediately, ...

I really didn't want other GMs to catch onto this because I wanted to keep this info limited and thus more to my advantage. But there it is.

Here are the rules:

...

Only players in the final year of their current contract are eligible for extensions.  All contract extensions begin immediately...

...and that's why i'm very happy as a league GM + commish that Franchise NHL has izaman3 as our :EC: "Contract Cop" ... it's helpful to have an additional set of eyes vetting rules, contracts and ensuring consistency of how rules are applied as they relate to written rules.

it's a good discussion to get everyone up to speed on tools available to them for cap mgmt + how they can be used. again, don't interpret the rules if you think they are not clear to you, ask the :EC: for clarification... in any league on any site.  :toast:

[snugerud]

Current wording:
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.

-------------------------------------------------
Recommended:

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.

The releasing team "can" bid on the player however they would not be eligible to receive the salary relief on that player.

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.

--------------------------------------------
Alternate Recommend:

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.

The releasing team is "not eligible" to bid on the release player for a duration of 1 year.

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.


aug25-12: revised title from "Recommened Re-Tooling" to "Buying Out + Signing Same Player as FA" to clarify topic for browsing + discussion purposes. also added question mark icon.

[snugerud]

While we are on the subject is this correct?

Playoffs
The playoffs are based on NHL rulings in that first-round playoff matchups are based on the current NHL standings. The division winners in each conference are seeded Nos. 1-3, while the remaining five teams are seeded Nos. 4-8, according to point total. Teams are not reseeded after each round.  Playoffs will last four rounds.



aug23-12: split this topic out of the daily vs wkly line-up rule update.

[dickiedunn]

Snug you are either a philosophy major or a business person. LOL

What's the reason for bring up this rule revision?

If the intent is to avoid situations where the team buying out the player doesn't try to circumvent the cap by then trying to resign the player and get the discount for the recent buy out, why not just say the releasing team is not allowed to immediately resign the same player they bought out.