Post by GM Buff (Drew) on May 14, 2023 9:08:19 GMT -5
11. Free Agency
a. Free Agency contract offer rules are as follows:
i. The minimum bid is $775,000 per year.
ii. For skaters 35 and older, you can offer a max contract of 3 years.
iii.For skaters 34 and under, you may offer up to 6 years.
iv. For goalies 35 and older, you can offer a max contract of 3 years.
v. For goalies 34 and under, you may offer up to 8 years.
vi. You must outbid another GM by a minimum of $50,000 in cumulative value.
b. Salary amounts will remain constant for all seasons of an offer.
c. Signed players will be placed on an NHLDL team's active roster if they are on an NHL team's active roster. You cannot win players in free agency and then bury them in the minors without them being subject to waivers.
d. Winning bids will be determined by the highest product of yearly salary multiplied by number of years.
e. If there are multiple bids on a player, any multi-year bid must have a minimum salary within 70% of the highest yearly salary offered on a player. This is to stop GMs from signing a player on an 8 year contract at a low salary, and having that product be higher than a shorter term higher salary offer.
f. A free agency bid standing as the highest bid for a 24 hour bid will be declared the winning bid. Bids cannot be rescinded.
g. If a free agent is won at a given AAV amount and 10% AAV discount applied by the accepted tagging team equates less than the league minimum salary of $750,000, the winning team shall keep the player at no less than league minimum contract amount of $750,000
Free Agency Examples
A. Team A bids 3 years x $5,000,000 on Jake Gardiner. The product of that bid is $15,000,000. If that is the highest yearly salary offered to Jake Gardiner, any other bid must have a minimum salary of $3,500,000. A bid of 5 years x $3,5000,000 would have a product of $17,500,000 and would be the new highest bid.
B. Team B bids 3 years x $700,000 on Jason Spezza. Tagging GM matches the highest bid of $700,000 x 3 = $2,100,000. After 10% discount applied, the tagging GM ends up with $1,890,000, or $630,000 AAV per year (less than league minimum AAV of $750,000). The tagging GM shall have Jason Spezza for no less than $750,000 x 3 = $1,950,000
a. Free Agency contract offer rules are as follows:
i. The minimum bid is $775,000 per year.
ii. For skaters 35 and older, you can offer a max contract of 3 years.
iii.For skaters 34 and under, you may offer up to 6 years.
iv. For goalies 35 and older, you can offer a max contract of 3 years.
v. For goalies 34 and under, you may offer up to 8 years.
vi. You must outbid another GM by a minimum of $50,000 in cumulative value.
b. Salary amounts will remain constant for all seasons of an offer.
c. Signed players will be placed on an NHLDL team's active roster if they are on an NHL team's active roster. You cannot win players in free agency and then bury them in the minors without them being subject to waivers.
d. Winning bids will be determined by the highest product of yearly salary multiplied by number of years.
e. If there are multiple bids on a player, any multi-year bid must have a minimum salary within 70% of the highest yearly salary offered on a player. This is to stop GMs from signing a player on an 8 year contract at a low salary, and having that product be higher than a shorter term higher salary offer.
f. A free agency bid standing as the highest bid for a 24 hour bid will be declared the winning bid. Bids cannot be rescinded.
g. If a free agent is won at a given AAV amount and 10% AAV discount applied by the accepted tagging team equates less than the league minimum salary of $750,000, the winning team shall keep the player at no less than league minimum contract amount of $750,000
Free Agency Examples
A. Team A bids 3 years x $5,000,000 on Jake Gardiner. The product of that bid is $15,000,000. If that is the highest yearly salary offered to Jake Gardiner, any other bid must have a minimum salary of $3,500,000. A bid of 5 years x $3,5000,000 would have a product of $17,500,000 and would be the new highest bid.
B. Team B bids 3 years x $700,000 on Jason Spezza. Tagging GM matches the highest bid of $700,000 x 3 = $2,100,000. After 10% discount applied, the tagging GM ends up with $1,890,000, or $630,000 AAV per year (less than league minimum AAV of $750,000). The tagging GM shall have Jason Spezza for no less than $750,000 x 3 = $1,950,000
