Re-Signings (Deadline End of Playoffs)
Posted: June 3rd, 2024, 8:11 pm
http://www.simleaguenirvana.com/resignings/rosters/
Okay, for everyone that is new to this, it's pretty straightforward. Go to your roster using the above link and you'll see the new salaries for players that have offered to re-sign (compare it to your normal roster page). This is a take it or leave it situation with FBB. Some players offer to re-sign, some don't. Post here who you accept and/or who you decline. Remember that max contracts are based on player experience and the soft cap and they start at 25/30/35 % respectively. The soft cap is $50M. You can calculate it out and see if certain guys offered you a discount. Just some extra info there.
Important notes:
-The Hard Cap is going to become more and more relevant! It's $85M so make sure you think about that when you consider resigning offers.
Restricted Free Agency is in full swing. You must indicate whether you "TAG" your RFA in this thread by the time the season flips. Take a look at your juicy 1st rounders who didn't offer to re-sign...
RFA Rules: (2003 Change)
--RFA tag costs 1500 RP
--There is no distinction between 1st and 2nd Rounders.
--RFA tags need to be declared before the previous season is turned over and decisions will be made at the same time as Resignings.
--Teams can only use 1 RFA tag every 3 years.
--MLE and LLE bids on RFA's are not allowed.
--If a team that has RFA rights to someone chooses not to match the contract the player signed with an outside team, the incumbent team is refunded 750 RP's (so the net loss would be 750 RP's for a FRP).
--If a team signs a player to an RFA contract, but the incumbent team matches, that OG signing team gets 750 RPs if the offer sheet is matched.
--Using the RFA tag on a player locks them into a 1 year Qualifying Offer of 250% their last year salary for 1st rounders and 350% of their last year salary for 2nd rounders (4th year for 1st rounders, 3rd for 2nd rounders). In the RFA process, obviously, you still bid on them, but if for whatever reason you don't send in a bid, a 1 year bid worth 250% of their salary will be used and if he accepts it, that player will be an Unrestricted Free Agent the following year.
--For the teams holding restricted free agent rights, the QO is the minimum amount you can bid in the 1st year contract offer. The implementation will actually be as follows. If the team is bidding no percent increase in the contract, the 1st year minimum is the 250% QO rounded up to nearest 100K. If the teams are using a percent increase, then they can bid 1st year minimum amount of the exact 250% QO amount.
Okay, for everyone that is new to this, it's pretty straightforward. Go to your roster using the above link and you'll see the new salaries for players that have offered to re-sign (compare it to your normal roster page). This is a take it or leave it situation with FBB. Some players offer to re-sign, some don't. Post here who you accept and/or who you decline. Remember that max contracts are based on player experience and the soft cap and they start at 25/30/35 % respectively. The soft cap is $50M. You can calculate it out and see if certain guys offered you a discount. Just some extra info there.
Important notes:
-The Hard Cap is going to become more and more relevant! It's $85M so make sure you think about that when you consider resigning offers.
Restricted Free Agency is in full swing. You must indicate whether you "TAG" your RFA in this thread by the time the season flips. Take a look at your juicy 1st rounders who didn't offer to re-sign...
RFA Rules: (2003 Change)
--RFA tag costs 1500 RP
--There is no distinction between 1st and 2nd Rounders.
--RFA tags need to be declared before the previous season is turned over and decisions will be made at the same time as Resignings.
--Teams can only use 1 RFA tag every 3 years.
--MLE and LLE bids on RFA's are not allowed.
--If a team that has RFA rights to someone chooses not to match the contract the player signed with an outside team, the incumbent team is refunded 750 RP's (so the net loss would be 750 RP's for a FRP).
--If a team signs a player to an RFA contract, but the incumbent team matches, that OG signing team gets 750 RPs if the offer sheet is matched.
--Using the RFA tag on a player locks them into a 1 year Qualifying Offer of 250% their last year salary for 1st rounders and 350% of their last year salary for 2nd rounders (4th year for 1st rounders, 3rd for 2nd rounders). In the RFA process, obviously, you still bid on them, but if for whatever reason you don't send in a bid, a 1 year bid worth 250% of their salary will be used and if he accepts it, that player will be an Unrestricted Free Agent the following year.
--For the teams holding restricted free agent rights, the QO is the minimum amount you can bid in the 1st year contract offer. The implementation will actually be as follows. If the team is bidding no percent increase in the contract, the 1st year minimum is the 250% QO rounded up to nearest 100K. If the teams are using a percent increase, then they can bid 1st year minimum amount of the exact 250% QO amount.
