First question
If a team offers a free agent a 5 year contract (he doesn't have any rights to that player), can he offer a large salary the first year and then way less for the following years?
Ex. 1
Year 1 - 14 million
Year 2 - 8 million
Year 3 - 8 million
Year 4 - 8 million
Year 5 - 8 million
Second Question (Only if first question is that it's allowed)
If a team offers the same contract as in Ex. 1 but has the 5th year at a large increase in price is that allowed
Year 1 - 14 million
Year 2 - 8 million
Year 3 - 8 million
Year 4 - 8 million
Year 5 - 15 million
-since if you use the 1st years salary of 14 million x 1.32; it does fit; but would a team be allowed to have an increase from year 4 to 5 in a contract
2 questions regarding contract signings
2 questions regarding contract signings
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skorff26
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Re: 2 questions regarding contract signings
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Modern_epic
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Re: 2 questions regarding contract signings
The decreases allowed in a contract follow the same formula as the increases, so no, neither of those are allowed.
In addition, in your second scenario, while the amount of the raise/pay cut allowed from year-to-year is based off of the first year of the deal, they are applied to the previous year's salary, so it wouldn't be allowed on those grounds, either.
In addition, in your second scenario, while the amount of the raise/pay cut allowed from year-to-year is based off of the first year of the deal, they are applied to the previous year's salary, so it wouldn't be allowed on those grounds, either.
Re: 2 questions regarding contract signings
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skorff26
- Analyst
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Re: 2 questions regarding contract signings
Modern_epic wrote:The decreases allowed in a contract follow the same formula as the increases, so no, neither of those are allowed.
In addition, in your second scenario, while the amount of the raise/pay cut allowed from year-to-year is based off of the first year of the deal, they are applied to the previous year's salary, so it wouldn't be allowed on those grounds, either.
Alright thank you.