N. Contract Tags and Compensation
Apr 9, 2015 22:57:13 GMT -6
Post by Admin on Apr 9, 2015 22:57:13 GMT -6
N.1 FRANCHISE TAG (FT):
a. Must be declared by March 20th of the new league year.
b. The FT can only be used on one player per team/season.
c. The cost to franchise tag a player is 120 GP's.
d. If you FT a player, you will automatically get to retain his services and give him any length (1-6 yr) contract you wish.
N.2 1st Round Tag and Compensation:
a. Must be declared by March 20th of the new league year.
b. The tag can be used on 1 player per team/season.
c. The cost to slap a 1st round tag on a player is 70 GP's.
d. Compensation is a 1st round rookie draft pick for the current year. If a team does not have a 1st round pick this year, a 1st round pick for next years draft is acceptable.
e. If a team has multiple same round picks, the worse draft pick in the eyes of the team giving up the compensation will be used.
N.3 2nd Round Tag and Compensation:
a. Must be declared by March 20th of the new league year.
b. The tag can be used on 1 player per team/season.
c. The cost to slap a 2nd round tag on a player is 40 GP's.
d. Compensation is a 2nd round rookie draft pick for the current year. If a team does not have a 2nd round pick this year, a 2nd round pick for next years draft is acceptable.
e. If a team has multiple same round picks, the worse draft pick in the eyes of the team giving up the compensation will be used.
N.4 3rd Round Tag and Compensation: (starting in 2018)
a. Must be declared by March 20th of the new league year.
b. The tag can be used on 1 player per team/season.
c. The cost to slap a 3rd round tag on a player is 20 GP's.
d. Compensation is a 3rd round rookie draft pick for the current year. If a team does not have a 3rd round pick this year, a 3rd round pick for next years draft is acceptable.
e. If a team has multiple same round picks, the worse draft pick in the eyes of the team giving up the compensation will be used.
N.5 4th Round Tag and Compensation: (starting in 2018)
a. Must be declared by March 20th of the new league year.
b. The tag can be used on 1 player per team/season.
c. The cost to slap a 4th round tag on a player is 15 GP's.
d. Compensation is a 4th round rookie draft pick for the current year. If a team does not have a 4th round pick this year, a 4th round pick for next years draft is acceptable.
e. If a team has multiple same round picks, the worse draft pick in the eyes of the team giving up the compensation will be used.
N.6 CONTRACT EXTENSION (CE):
a. Must be declared by March 20th of the new league year.
b. Teams can elect to extend any players contract by 1 contract year per season.
c. This extension can only be applied to 1 player per season.
d. The cost to extend a contract is 30 GP's.
e. This provision can only be used once during a players contract regardless if said player has been traded. For a player that has already been given a 'CE', a contract is considered expired only AFTER said player has gone through the tagged/FA process and has been given a brand new contract. After that has occurred, then that same player may be extended again during a future offseason. If a players' contract expires in which said player was never given a 'CE', then that player may be extended DURING the tagging period.
f. In the case of a trade this contract extension clause will follow the player to the new team.
g. Once a player has been extended, his contract status will be updated with an 'E' to represent 'extension' and therefore this privilege cannot be used again by anyone until his current contract expires, which at that point his 'E' status will be removed.
a. Must be declared by March 20th of the new league year.
b. The FT can only be used on one player per team/season.
c. The cost to franchise tag a player is 120 GP's.
d. If you FT a player, you will automatically get to retain his services and give him any length (1-6 yr) contract you wish.
N.2 1st Round Tag and Compensation:
a. Must be declared by March 20th of the new league year.
b. The tag can be used on 1 player per team/season.
c. The cost to slap a 1st round tag on a player is 70 GP's.
d. Compensation is a 1st round rookie draft pick for the current year. If a team does not have a 1st round pick this year, a 1st round pick for next years draft is acceptable.
e. If a team has multiple same round picks, the worse draft pick in the eyes of the team giving up the compensation will be used.
N.3 2nd Round Tag and Compensation:
a. Must be declared by March 20th of the new league year.
b. The tag can be used on 1 player per team/season.
c. The cost to slap a 2nd round tag on a player is 40 GP's.
d. Compensation is a 2nd round rookie draft pick for the current year. If a team does not have a 2nd round pick this year, a 2nd round pick for next years draft is acceptable.
e. If a team has multiple same round picks, the worse draft pick in the eyes of the team giving up the compensation will be used.
N.4 3rd Round Tag and Compensation: (starting in 2018)
a. Must be declared by March 20th of the new league year.
b. The tag can be used on 1 player per team/season.
c. The cost to slap a 3rd round tag on a player is 20 GP's.
d. Compensation is a 3rd round rookie draft pick for the current year. If a team does not have a 3rd round pick this year, a 3rd round pick for next years draft is acceptable.
e. If a team has multiple same round picks, the worse draft pick in the eyes of the team giving up the compensation will be used.
N.5 4th Round Tag and Compensation: (starting in 2018)
a. Must be declared by March 20th of the new league year.
b. The tag can be used on 1 player per team/season.
c. The cost to slap a 4th round tag on a player is 15 GP's.
d. Compensation is a 4th round rookie draft pick for the current year. If a team does not have a 4th round pick this year, a 4th round pick for next years draft is acceptable.
e. If a team has multiple same round picks, the worse draft pick in the eyes of the team giving up the compensation will be used.
N.6 CONTRACT EXTENSION (CE):
a. Must be declared by March 20th of the new league year.
b. Teams can elect to extend any players contract by 1 contract year per season.
c. This extension can only be applied to 1 player per season.
d. The cost to extend a contract is 30 GP's.
e. This provision can only be used once during a players contract regardless if said player has been traded. For a player that has already been given a 'CE', a contract is considered expired only AFTER said player has gone through the tagged/FA process and has been given a brand new contract. After that has occurred, then that same player may be extended again during a future offseason. If a players' contract expires in which said player was never given a 'CE', then that player may be extended DURING the tagging period.
f. In the case of a trade this contract extension clause will follow the player to the new team.
g. Once a player has been extended, his contract status will be updated with an 'E' to represent 'extension' and therefore this privilege cannot be used again by anyone until his current contract expires, which at that point his 'E' status will be removed.