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ProFSL Front Office => Franchise GM: Transactions => Franchise GM => MLB DYNASTY GM HOME => Franchise GM: Completed Transactions => Topic started by: OUDAN on September 28, 2014, 02:19:27 AM

Title: Yankees extension
Post by: OUDAN on September 28, 2014, 02:19:27 AM
:NYY: has resigned

C Ruiz, Carlos, $6.5m (2014)
               
His best ranking was in 2014 where he was the # 15 C

#15 C = $4m (Molina, Yadier)

New contract will be

C Ruiz, Carlos, $4m (2016)

As well as

CI Ortiz, David, $5.5m (2014)   

Best ranking was in 2013 where he was the #12 CI

#12 CI = $13.5m (Barton, Daric)

New contract will be

CI Ortiz, David, $13.5m (2015)
Title: Re: Yankees extension
Post by: BHows on September 28, 2014, 09:15:30 AM
:NYY: has resigned

C Ruiz, Carlos, $6.5m (2014)
               
His best ranking was in 2014 where he was the # 15 C

#15 C = $4m (Molina, Yadier)

New contract will be

C Ruiz, Carlos, $4m (2016)

As well as

CI Ortiz, David, $5.5m (2014)   

Best ranking was in 2013 where he was the #12 CI

#12 CI = $13.5m (Barton, Daric)

New contract will be

CI Ortiz, David, $13.5m (2015)

"New salary may be no less than 70% of previous salary." In Ruiz' case that would be $4.55 or $5M. Proceed?
Title: Re: Yankees extension
Post by: shooter47 on September 28, 2014, 09:49:13 AM
:NYY: has resigned

C Ruiz, Carlos, $6.5m (2014)
               
His best ranking was in 2014 where he was the # 15 C

#15 C = $4m (Molina, Yadier)

New contract will be

C Ruiz, Carlos, $4m (2016)

As well as

CI Ortiz, David, $5.5m (2014)   

Best ranking was in 2013 where he was the #12 CI

#12 CI = $13.5m (Barton, Daric)

New contract will be

CI Ortiz, David, $13.5m (2015)

A player may be given an extension that is less than their current salary.  However, such an extension has three restrictions. 
1) The eligibility period for granting a player an extension below their current salary is only in the last year of their contract.
2) On top of the minimum and maximum years for contracts, the longest this type of extension can be is two years.
3) 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).

Carlos Ruiz would need a $5 (2016) contract extension.

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

David Ortiz's extension value is $13.5m. His extension would need to be a minimum of 3 years according to the minimum standards for contract extensions.

David Ortiz $13.5m (2017) is his minimum extension.

OUDAN please let us know how you would like us to proceed.

Title: Re: Yankees extension
Post by: OUDAN on September 28, 2014, 10:27:34 AM
Once again I apologize I shouldn't do this stuff late at night lol. I will go with Ruiz extension and not Ortiz
Title: Re: Yankees extension
Post by: BHows on September 28, 2014, 06:37:43 PM
Once again I apologize I shouldn't do this stuff late at night lol. I will go with Ruiz extension and not Ortiz

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