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Players may be signed for another year at their current
salary rate. They may be signed for a second or more years
given the following formula: each successive year is at a
33% increase or at a minimum indicated below, whichever is
higher.
A player may be signed for 2009 and beyond. The salary for
each year beyond 2008 will be calculated with a 33% raise,
given the following minimums:
|
Player signed for: |
Cost: |
Minimum Salary (season) |
Minimum Contract Total
(contract lifetime) |
|
2009 |
2008 Salary |
$250,000 |
$250,000 |
|
2010 |
2009 + 33% |
$1,250,000 |
$1,500,000 |
|
2011 |
2010 + 33% |
$2,500,000 |
$4,000,000 |
|
2012 |
2011 + 33% |
$4,000,000 |
$8,000,000 |
|
2013 |
2012 + 33% |
$6,000,000 |
$14,000,000 |
Players on multiyear contracts that are traded keep their
contracts and the receiving team enjoys the benefit of the
contract (teams should take that into consideration when
trading). The receiving team does not have to pay for the
remaining years on the contract. The team trading the player
will not receive any rebate of future salary, but will still
receive a rebate for the prorated portion of the current
season's salary if he originally paid for the current season
(that is, the multiyear contract was just created this
season). If a player on a multiyear contract is released,
there is no salary rebate. These are, in effect, guaranteed
contracts. However, at that point the contract is void, and
any team wishing to claim the player will do so using normal
procedures and the player's published salary for the season.
Rule Clarification
(5/31/08): A player on a multiyear contract that ends
during the current season was paid for in a previous year.
That player will not earn a salary rebate if he is cut or
traded away and a team that picks him up during a trade will
not have to pay anything for him. However, if a
player's contract ends in a future season, his salary for
the current season may or may have not been paid this year.
If the contract extension was signed in a previous season,
then again there is no salary rebate or salary assumption
during a trade. But, if the current season's salary
was paid in the current season (during roster carryover or
any time after that), then the cutting team will receive a
rebate for the prorated portion of the current season's
salary AND, a team picking up the player in a trade must
assume the pro-rated portion of this season's salary.
The trade detail screens correctly compute the salary rebate
that a team will get (and consequently the amount the
receiving team must pay).
Any other stipulation based upon salary, such as whether
or not the player may be put on the minor league roster, are
dependent upon his published salary for that particular
season, not the salary he was signed for.
One final provision is that no player on a multiyear
contract may ever be left unprotected in any expansion,
redistribution, or other off-season draft. This applies
even if his current team was not the one to originally sign
him to the multiyear deal.
Thus, the risks you take on by signing a long-term
contract include:
- You receive no rebate for any unused time on the
contract if you cut or trade the player.
- A player that misses significant time due to injury
will almost always see a real-life salary reduction and
you’re signing the contract based on the assumption that
the salary will increase.
- You must carry over a player under contract during the
Redistribution Draft.
Note: Should a season be interrupted or cancelled due to
players' strike or a lockout by the owners or other work
stoppage, there will be no adjustment to contracts.
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