Post by Rams GM (Frank) on Apr 26, 2018 11:32:51 GMT -5
Ive been pondering the current state of RFA here at Legacy. As Colts GM Darryl has pointed out, we need to get serious about how to conduct free agency, and many players are not receiving due compensation because of an inherent flaw in the RFA system that depends on league members holding each other accountable. If a player does not receive an RFA offer, the history of this league has proven that the GM's with the current RFA tag rights simply use the tender price as a barometer in order to resign that player. The problem here is that often times these free agents would command more money in the open market, and just because another team is not willing to sacrifice a future pick does that mean the currents rights RFA team gets to resign him at a discounted price.
Now, I realize that RFA is never going to be perfect in these leagues, as over the years I have seen the issue handled in different ways, as leagues have struggled to come up with some type of a rule that best reflects what would be a fair market value. However, if we as league members do not hold each other accountable, than we might as well get rid of the voting on RFA contracts all together.
So here's a shot in the dark idea I want to propose.
Here are the current RFA prices here at Legacy:
$600k -- 5th round draft pick
1M --- 4th round draft pick
$1.50 -- 3rd round draft pick
$2.50 -- 2nd round draft pick.
$5M -- 1st round draft pick.
$6.50M -- 1st and 2nd round draft picks.
What if we were to eliminate the voting all together, and incorporate a rule where a team could resign a player at a 1 year contract at the tender price, but a multi-year bid would need to increase by 12% a year at a max of 36% rate higher than the tender price for a 4 year max contract.
In other words.
1 year contract offer = tender price
2 year contract offer = tender price +12%
3 year contract offer = tender price +24%
4 year contract offer = tender price +36%
Example #1
Aaron Donald was drafted in the 2nd round a few years back at a salary of 1.25, before we had mandatory RFA tags for 2-5 round draft picks. But, if he were drafted today, when his expiring RFA contract would lead him to RFA it would look like this 1.25/UFA
If the GM owning his RFA right would place a 2nd round tender at 2.5M, and Donald receives no offers, than the GM can resign him at the tender price, but the number of years he is signed for would add an additional 12% a year increase to his salary.
If resigning team signs him for 1 year: salary is worth 2.5M
If resigning team signs him for 2 years: salary is worth 2.8M
If resigning team signs him for 3 years: salary is worth 3.1
If resigning team signs him for 4 years: salary is worth 3.4M
The 4 year max resign number at a 2nd round tender would get him fairly close to the extension price of a DE in this league which is 4M per year.
Example #2
Dak Prescott is another interesting example because of the importance of the QB position.
His current salary as it stands is 670k for the next 3 years under the old rules, but under the new rules that mandates an RFA tag on 2nd through 5th rounders, Prescott would be an RFA next year.
Assuming the current GM of Prescott were to place a 1st and 2nd round tender at the 6.5M rate, and no offers were made by other teams here's how it would look:
If resigning team signs him for 1 year: salary is worth 6.5M
If resigning team signs him for 2 years: salary is worth 7.28M
If resigning team signs him for 3 years: salary is worth 8.06M
If resigning team signs him for 4 years: salary is worth 8.84M
This I will admit is not ideal for a QB, as Prescott would demand more on the open market. However, the 8.84 does break the current extension price tag of 8M per year in this league, and comes fairly close to what it will max out at by 2020 at 10M per year.
Again, this an attempt to remove they human element from the equation and hopefully try and give the RFA player a little better representation. We can actually play with the percentage number, as Im even open to raising it to 15% per year signed versus the 12% I used in these examples.
Thoughts?
UPDATE:
In fact, the 15% number may be perfect the more I think about it, as it would get both Donald and Prescott even closer to the league extension numbers as a good basis for salary representation.
Now, I realize that RFA is never going to be perfect in these leagues, as over the years I have seen the issue handled in different ways, as leagues have struggled to come up with some type of a rule that best reflects what would be a fair market value. However, if we as league members do not hold each other accountable, than we might as well get rid of the voting on RFA contracts all together.
So here's a shot in the dark idea I want to propose.
Here are the current RFA prices here at Legacy:
$600k -- 5th round draft pick
1M --- 4th round draft pick
$1.50 -- 3rd round draft pick
$2.50 -- 2nd round draft pick.
$5M -- 1st round draft pick.
$6.50M -- 1st and 2nd round draft picks.
What if we were to eliminate the voting all together, and incorporate a rule where a team could resign a player at a 1 year contract at the tender price, but a multi-year bid would need to increase by 12% a year at a max of 36% rate higher than the tender price for a 4 year max contract.
In other words.
1 year contract offer = tender price
2 year contract offer = tender price +12%
3 year contract offer = tender price +24%
4 year contract offer = tender price +36%
Example #1
Aaron Donald was drafted in the 2nd round a few years back at a salary of 1.25, before we had mandatory RFA tags for 2-5 round draft picks. But, if he were drafted today, when his expiring RFA contract would lead him to RFA it would look like this 1.25/UFA
If the GM owning his RFA right would place a 2nd round tender at 2.5M, and Donald receives no offers, than the GM can resign him at the tender price, but the number of years he is signed for would add an additional 12% a year increase to his salary.
If resigning team signs him for 1 year: salary is worth 2.5M
If resigning team signs him for 2 years: salary is worth 2.8M
If resigning team signs him for 3 years: salary is worth 3.1
If resigning team signs him for 4 years: salary is worth 3.4M
The 4 year max resign number at a 2nd round tender would get him fairly close to the extension price of a DE in this league which is 4M per year.
Example #2
Dak Prescott is another interesting example because of the importance of the QB position.
His current salary as it stands is 670k for the next 3 years under the old rules, but under the new rules that mandates an RFA tag on 2nd through 5th rounders, Prescott would be an RFA next year.
Assuming the current GM of Prescott were to place a 1st and 2nd round tender at the 6.5M rate, and no offers were made by other teams here's how it would look:
If resigning team signs him for 1 year: salary is worth 6.5M
If resigning team signs him for 2 years: salary is worth 7.28M
If resigning team signs him for 3 years: salary is worth 8.06M
If resigning team signs him for 4 years: salary is worth 8.84M
This I will admit is not ideal for a QB, as Prescott would demand more on the open market. However, the 8.84 does break the current extension price tag of 8M per year in this league, and comes fairly close to what it will max out at by 2020 at 10M per year.
Again, this an attempt to remove they human element from the equation and hopefully try and give the RFA player a little better representation. We can actually play with the percentage number, as Im even open to raising it to 15% per year signed versus the 12% I used in these examples.
Thoughts?
UPDATE:
In fact, the 15% number may be perfect the more I think about it, as it would get both Donald and Prescott even closer to the league extension numbers as a good basis for salary representation.
