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Post by Boston Celtics on Jun 8, 2008 15:04:04 GMT
Contract Extension Regulations- Re-signings must not take your team above the salary cap ($65,000,000) for the first year of your player's contract. A $70,000,000 cap exists for any further years.
- Contracts may only exceed the salary cap if a player has not moved from their team for three seasons or more (see 'D6 Bird Rights' below).
- Since a signing must not take your team over the salary cap, you may only re-sign one player at a time. If you're posting a host of new contract extensions around the deadline you may do so, but please indicate in which order you wish to re-sign your players.
- You must have a completed Salary Thread in your team's section before a re-signing can be finalized or even negotiated. If you have not done so by the deadline, your player will enter free agency.
- Contracts cannot be longer than 5 years in length.
- A maximum of 6 years exists for players that have not changed teams for the past three seasons (see 'D6 Bird Rights' below).
- The maximum an offered salary can increase/decrease per year is by 15% of the initial offer.
- For instance, if a team offers a $10,000,000 contract, the most they may offer in the second year is $11,500,000. The most they may offer in the third year is £13,225,000 ($11,500,000 + 15% of $11.5m) and so on.
- You may include Player Options and/or Team Options in the contracts you offer.
- You may only re-sign a player if their contract is expiring.
- The only time players can be re-signed is during the Off Season Period allotted to re-signings.
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Post by Boston Celtics on Jun 8, 2008 15:04:51 GMT
Dynasty Six - 'Bird Rights' A team is given the 'Bird Rights' to one of their players if that player has not changed teams for three seasons or more. Bird Rights allow teams to exceed the salary cap when re-signing players. - A hard cap of $80,000,000 still applies to players re-signed using Bird Rights.
- If a player is lost to free agency and signed again by a team, the teams Bird Rights to that player are forfeit.
- A player may be re-signed for contracts up to 6 years in length using Bird Rights.
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Post by Boston Celtics on Jun 8, 2008 15:05:15 GMT
Sign and Trades
A re-signing must not take your team over the salary cap. This is true even for sign-and-trades. If your team cannot afford to re-sign the player normally, you cannot involve them in a sign-and-trade scenario.
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