Post by Spencer on Dec 16, 2007 15:21:45 GMT -5
Player Contract Rules
How much a player can be offered by a team is determined by a number of rules.
If a player is signing with a new team:
1) The contract can be for up to 6 seasons.
2) The player can receive a raise each year of up to 10% of the value of the first year of the contract.
3) The maximum value of the first year of the contract is the smaller of the amount of cap room the team has and the maximum salary the player can receive based up his experience in the league.
If a player is resigning with his previous team and has 3 or more bird years:
1) The contract can be for up to 7 seasons.
2) The player can receive a raise each year of up to 12.5% of the value of the first year of the contract
3) The player can receive the larger of the maximum salary based on his experience and 120% of his previous salary in the first year of the contract.
If a player is resigning with his previous team and has less than 3 bird years:
1) The contract can be for up to 6 seasons.
2) The player can receive a raise each year of up to 10% of the value of the first year of the contract.
3) The player can receive the larger of the team's salary cap room (up to the maximum salary) and 120% of his previous salary in the first year of the contract.
Teams over the salary cap also may offer a player one of their two salary cap exceptions:
1) Mid Exception - one-year offer of $4,500,000 - You must have less then 4.5 in cap space to use this.
2) Low Exception - one-year offer of $1,200,000 - You must have less then 1.2 in cap space to use this.
Each exception may only be used once per season.
Bird Years
Bird years are the number of seasons a player has gone without changing teams via free agency. When a player is traded, he maintains his bird years.
Contract Values
MAX contracts are normally 1/4th of the Salary Cap. The diagram below is based on a 42.5 million Salary Cap. Essentially players with 6 or less years of experience get 1/4th of the Cap as the starting point for a MAX contract. As a players experience grows, the amount of his first year MAX grows as well.
Salary based on experience:
All are max offers:
1-6 years exp:
1st year: 12,500,000
Rest of contract:
14,062,500
15,625,000
17,187,500
18,750,000
20,312,500
21,875,000
7-9 years exp:
1st year: 15,000,000
Rest of contract:
16,875,000
18,750,000
20,625,000
22,500,000
24,375,000
26,250,000
10+ years exp:
1st year: 17,500,000
Rest of contract:
19,687,500
21,875,000
24,062,500
26,250,000
28,437,500
30,625,000
How much a player can be offered by a team is determined by a number of rules.
If a player is signing with a new team:
1) The contract can be for up to 6 seasons.
2) The player can receive a raise each year of up to 10% of the value of the first year of the contract.
3) The maximum value of the first year of the contract is the smaller of the amount of cap room the team has and the maximum salary the player can receive based up his experience in the league.
If a player is resigning with his previous team and has 3 or more bird years:
1) The contract can be for up to 7 seasons.
2) The player can receive a raise each year of up to 12.5% of the value of the first year of the contract
3) The player can receive the larger of the maximum salary based on his experience and 120% of his previous salary in the first year of the contract.
If a player is resigning with his previous team and has less than 3 bird years:
1) The contract can be for up to 6 seasons.
2) The player can receive a raise each year of up to 10% of the value of the first year of the contract.
3) The player can receive the larger of the team's salary cap room (up to the maximum salary) and 120% of his previous salary in the first year of the contract.
Teams over the salary cap also may offer a player one of their two salary cap exceptions:
1) Mid Exception - one-year offer of $4,500,000 - You must have less then 4.5 in cap space to use this.
2) Low Exception - one-year offer of $1,200,000 - You must have less then 1.2 in cap space to use this.
Each exception may only be used once per season.
Bird Years
Bird years are the number of seasons a player has gone without changing teams via free agency. When a player is traded, he maintains his bird years.
Contract Values
MAX contracts are normally 1/4th of the Salary Cap. The diagram below is based on a 42.5 million Salary Cap. Essentially players with 6 or less years of experience get 1/4th of the Cap as the starting point for a MAX contract. As a players experience grows, the amount of his first year MAX grows as well.
Salary based on experience:
All are max offers:
1-6 years exp:
1st year: 12,500,000
Rest of contract:
14,062,500
15,625,000
17,187,500
18,750,000
20,312,500
21,875,000
7-9 years exp:
1st year: 15,000,000
Rest of contract:
16,875,000
18,750,000
20,625,000
22,500,000
24,375,000
26,250,000
10+ years exp:
1st year: 17,500,000
Rest of contract:
19,687,500
21,875,000
24,062,500
26,250,000
28,437,500
30,625,000