Post by Rams GM (Frank) on Dec 14, 2015 20:59:16 GMT -5
Contract Extension
Each GM is allowed to offer an EXTENSION CONTRACT to ONE player each season who has at least ONE YEAR left on their contract. If a player is a UFA then that player may not be resigned, they must have at least ONE year left on their contract. The Extension contract may add up to 3 YEARS on a player’s current contract and will cost 150% PER YEAR of the players HIGHEST PAID YEAR on their REMAINING contract. A player may not ever exceed a 6 YEAR contract. If a player is under a $5 MIL Salary during time of first extension, those additional extension years shall be based on the following schedule.
Beginning in 2023 a player cannot be extended a 2nd time based on a previous extension. A player must hit unrestricted free agency and complete their contract before another extension may be used on the player.
Contract option A: 150% or 15M for this positions (QB)
Contract option B: 150% or 10M for these positions (WR)
Contract option C: 150% or 8M for these positions (RB,TE,LB)
Contract option D: 150% or 7M for these positions (DE)
Contract option E: 150% or 5M for this position (S)
Contract option F: 150% or 4M for these positions (DT)
Contract option G: 150% or 3M for this position (CB,K)
Starting in 2017, we will be raising the QB extension price to better reflect market value, as per 2016 Proposition 8 vote.
Here is how the graduated increase will take place:
2016: No Changes
2017: 6M and 11M
2018: 7M and 12M
2019: 8M and 14M
2020: 10M and 16M
2021: 12M and 16M
Starting in 2020 contract extension prices for RB's and WR's increases: (As per 2019 league proposition)
2019: No Changes
2020: 6M and 11M
2021 7M and 12 M
Read more: legacynfl.boards.net/thread/3948/2016-league-vote-proposition-approved#ixzz40WvwmR2N
Example:
Mario Williams 6 MIL (2013) 2 MIL (2014) 12 Mil (2015) UFA (2016)
I choose to offer Mario an extension contract that adds 3 more years to his current deal. Mario's highest paid year is 12 Million. 150% of 12 Million is 18 Million. The 18 Million will reflect on his extension years and his new contract will become:
Mario Williams 6 MIL (2013) 2 MIL (2014) 12 Mil (2015) 18 (2016) 18 (2017) 18 (2018) UFA (2019)
Each GM is allowed to offer an EXTENSION CONTRACT to ONE player each season who has at least ONE YEAR left on their contract. If a player is a UFA then that player may not be resigned, they must have at least ONE year left on their contract. The Extension contract may add up to 3 YEARS on a player’s current contract and will cost 150% PER YEAR of the players HIGHEST PAID YEAR on their REMAINING contract. A player may not ever exceed a 6 YEAR contract. If a player is under a $5 MIL Salary during time of first extension, those additional extension years shall be based on the following schedule.
Beginning in 2023 a player cannot be extended a 2nd time based on a previous extension. A player must hit unrestricted free agency and complete their contract before another extension may be used on the player.
Contract option A: 150% or 15M for this positions (QB)
Contract option B: 150% or 10M for these positions (WR)
Contract option C: 150% or 8M for these positions (RB,TE,LB)
Contract option D: 150% or 7M for these positions (DE)
Contract option E: 150% or 5M for this position (S)
Contract option F: 150% or 4M for these positions (DT)
Contract option G: 150% or 3M for this position (CB,K)
Starting in 2017, we will be raising the QB extension price to better reflect market value, as per 2016 Proposition 8 vote.
Here is how the graduated increase will take place:
2016: No Changes
2017: 6M and 11M
2018: 7M and 12M
2019: 8M and 14M
2020: 10M and 16M
2021: 12M and 16M
Starting in 2020 contract extension prices for RB's and WR's increases: (As per 2019 league proposition)
2019: No Changes
2020: 6M and 11M
2021 7M and 12 M
Read more: legacynfl.boards.net/thread/3948/2016-league-vote-proposition-approved#ixzz40WvwmR2N
Example:
Mario Williams 6 MIL (2013) 2 MIL (2014) 12 Mil (2015) UFA (2016)
I choose to offer Mario an extension contract that adds 3 more years to his current deal. Mario's highest paid year is 12 Million. 150% of 12 Million is 18 Million. The 18 Million will reflect on his extension years and his new contract will become:
Mario Williams 6 MIL (2013) 2 MIL (2014) 12 Mil (2015) 18 (2016) 18 (2017) 18 (2018) UFA (2019)