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#1 | ||
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High School Varsity
Join Date: Jun 2007
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Cap Management Question
Alright. Here's the deal. I'm trying to resign a high profile player in one of my MP leagues before the sharks get to him. He's in his 5th year, last year of his current contract.
Current contract: 2.67Mil with 970K in bonus desires a contract that looks like such: 9.3Mil bonus over 4 years(including the restructuring of this year) YR1-1.17Mil(current yr) YR2-4.95Mil YR3-6.10Mil YR4-6.97Mil Not bad for a player of his caliber at his position of MLB. However, I'm a bit strapped for cash with 1.63 Mil under the cap left. He's got a 99 Loyalty rating so he should accept a more cap friendly deal(in the GM's eyes). My question is how do I make it work for the current year to fit under the cap? I don't understand what's happening with his current payrate vs. new negotiated rate. Last edited by ace1914 : 08-01-2008 at 09:12 AM. |
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#2 | |
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Morgado's Favorite Forum Fascist
Join Date: Oct 2000
Location: Greensboro, NC
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Quote:
EXISTING BONUS: $.97M (You can't do anything to erase this hit. That money is already paid.) NEW CONTRACT BONUS: $2.33M (9.3M / 4) NEW CONTRACT SALARY: $1.17M That's a total of $4.47M. Further, I don't know what the minimum salary is, but $.97M + minsal (that's with no bonus whatsoever) is going to be close to or over your remaining cap room. So there's a chance that even if he would take no bonus contract (which he won't), you couldn't even offer him that and stay under the camp. And this situation is even worse if the season has already started, since some of the current year salary portion would be paid out as well.
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The media don't understand the kinds of problems and pressures 54 million come wit'! |
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#3 |
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High School Varsity
Join Date: Mar 2006
Location: Woodstock, GA
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Look at reneging other players to open up cap space. It works really well, even at the end of a season.
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#4 |
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Morgado's Favorite Forum Fascist
Join Date: Oct 2000
Location: Greensboro, NC
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Yes, Yoda. Fair point. I was operating under the assumption that he'd already done everything else to free up room. If there are renegotations still available, then that's definitely an option here.
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The media don't understand the kinds of problems and pressures 54 million come wit'! |
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#5 |
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Pro Starter
Join Date: Nov 2000
Location: Cary, NC, USA
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Not that it changes the answer, but where in the season matters a good bit, too:
If in the offseason: 2.67m (current hit) + 1.63m (current free space) = 4.3m to play with (need to clear .17m) If after the regular season: .97m (current bonus hit) + 1.63m (current free space) = 2.6m to play with Since the .97m is already counted, and then counted again in the new cap hit. |
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#6 |
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Mascot
Join Date: May 2008
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If you need to clear up cap room to sign one of your best defenders, i recommend clearing cap anyway you can.
1. clear up significant cap room - make a trade to clear up some space. 2. clear up minimal cap room - Find a reserve player making too much money and cut him for a rookie or someone that will sign for the league minimum. ie... backup mlb making 700k, cut him and sign someone for the league minimum. Then just have your starting mlb play 100%. you can do this with any position your strong at to clear up half a million usually. then resign your stud.
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FOF2007 - FLFL - Las vegas Gamblers - AFC President FOF2007 - VNFL - Indianapolis Colts FOF2007 - VNFLHIST - Nashville Kats |
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#7 |
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High School Varsity
Join Date: Jun 2007
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Renegotiations. Dammit. Thanks guys.
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#8 |
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High School Varsity
Join Date: Mar 2006
Location: Woodstock, GA
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Just recently I was able to take a team that had 2.9mil cap space just before the bowl game and create over 10mil in cap space to resign 2 guys before they hit FA.
I got into it quite abit in one of my leagues with guys there that say that it wasn't possible, and yet I've done it time and time again. You can create a good amount of capspace after the season, if you are smart on your renegs. |
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#9 |
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College Starter
Join Date: Feb 2003
Location: Seattle
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If you do it right (without any house rule), early renegotiations can keep the stars on a team together for just about ever. $10 million freed up? That's nothing. I've been able to free up $20 million or more on just renegs more than once, that's for sure.
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#10 |
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High School Varsity
Join Date: Jun 2007
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We're in Week 15, so most of the salaries have already been distributed. Am I out of luck? Also does the Loyalty attribute get used in Free Agency or just renegs?
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#11 |
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High School Varsity
Join Date: Mar 2006
Location: Woodstock, GA
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You aren't out of luck. You can reneg and get the salaries lower even on the last export of the season (the SB export), I've cleared up over 10mil in cap room on that export.
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#12 |
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Hall Of Famer
Join Date: Dec 2003
Location: the yo'
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If you can frontload his deal you will save a significant amount on the future salaries. Also a year 4 voidable year can make a deal go through sometimes.
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