Post by Cubs GM (Scott B) on Jan 11, 2021 17:09:15 GMT -5
Copied from a couple years ago, hope it's still the same:
**NOTE - In the event no bids are received on a RFA, that player will be available to his team at $400k for the following season.
RFA tag allows a GM to match the highest legal bid submitted for that player.
The Average Annual Salary ("AAS") that a GM bids will require a certain minimum number of years that offer must cover to be a valid bid. The HIGHER the AAS, the LONGER the MINIMUM contract term you MUST offer in order to make a valid bid. The MINIMUM contract term is based solely on the offer's AAS, and is determined as follows:
Basically, if you offer big money, it has to be long term. You can't load up a short contract.
RFA Contract Restrictions:
If you’re offering an AAS < or = $3M, there are no length restrictions except that it cannot exceed 6 years.
If you’re offering an AAS > $3M, the contract must be AT LEAST 2 years.
If you’re offering an AAS > $6M, the contract must be AT LEAST 3 years.
If you’re offering an AAS > $9M, the contract must be AT LEAST 4 years.
If you’re offering an AAS > $12M, the contract must be at least 5 years.
If you’re offering an AAS > $15M, the contract must be the league maximum 6 years.
****These are only the MINIMUM contract lengths. A bid with an AAS of $5M and a length of 5 years is completely legal. A bid with an AAS of $5M and a length of 1 year is ILLEGAL. The bidder can always make a contract term LONGER than the minimum number of years since the AAS only determines the MINIMUM term, but as with all bidding, the MAXIMUM contract length is 6 years.
Any bid not meeting the correct minimum term offered will be voided.
As in all FA bidding, the bidder must clearly state the 1.) contract term (number of years), 2.) total contract amount, 3.) AAS.
For RFA Bidding ONLY, the GM does not need to specify the breakdown of the contract. The breakdown will be provided in the event the tagging GM decides to now match.
Since the bidding is for a RFA, the GM who held the restricted player has the opportunity to match the winning bid, and may restructure that bid for a total contract amount no less and a term no shorter than that of the "winning" bid. If the restricting GM chooses not to match the offer, then the winning bidder is obligated to sign the player to the exact terms of the winning bid - there is NO option to remove or renege on any bid placed.
Compensation
Player’s lost in RFA bidding will result in a compensatory pick awarded to the GM choosing NOT to match the winning bid in this year's off-season’s minor league draft. The compensation picks will only be ‘sandwich’ picks (no picks will be taken from the team that wins the player) for the sake of easier implementation. The compensation for lost players will be based on our current RFA bidding restrictions:
If the winning bid necessitates a 2 year deal, the forfeiting team will receive a 5th round compensation pick.
... 3 year deal... a 4th round compensation pick
... 4 year deal... a 3rd round compensation pick
... 5 year deal... a 2nd round compensation pick
... 6 year deal... a 1st round compensation pick
In exact financial terms:
AAS of $3.001M to $6M - after 5th round comp pick
AAS of $6.001M to $9M - after 4th round comp pick
AAS of $9.001M to $12M - after 3rd round comp pick
AAS of $12.001M to $15M - after 2nd round comp pick
AAS of $15.001M or greater - after 1st round comp pick
Should there be more than 1 lost RFA per salary bracket, picks will be ordered first based on AAS, highest first, and in the event of an AAS tie, the team with the worse record during the regular season will get the first of the picks.
**NOTE - In the event no bids are received on a RFA, that player will be available to his team at $400k for the following season.
RFA tag allows a GM to match the highest legal bid submitted for that player.
The Average Annual Salary ("AAS") that a GM bids will require a certain minimum number of years that offer must cover to be a valid bid. The HIGHER the AAS, the LONGER the MINIMUM contract term you MUST offer in order to make a valid bid. The MINIMUM contract term is based solely on the offer's AAS, and is determined as follows:
Basically, if you offer big money, it has to be long term. You can't load up a short contract.
RFA Contract Restrictions:
If you’re offering an AAS < or = $3M, there are no length restrictions except that it cannot exceed 6 years.
If you’re offering an AAS > $3M, the contract must be AT LEAST 2 years.
If you’re offering an AAS > $6M, the contract must be AT LEAST 3 years.
If you’re offering an AAS > $9M, the contract must be AT LEAST 4 years.
If you’re offering an AAS > $12M, the contract must be at least 5 years.
If you’re offering an AAS > $15M, the contract must be the league maximum 6 years.
****These are only the MINIMUM contract lengths. A bid with an AAS of $5M and a length of 5 years is completely legal. A bid with an AAS of $5M and a length of 1 year is ILLEGAL. The bidder can always make a contract term LONGER than the minimum number of years since the AAS only determines the MINIMUM term, but as with all bidding, the MAXIMUM contract length is 6 years.
Any bid not meeting the correct minimum term offered will be voided.
As in all FA bidding, the bidder must clearly state the 1.) contract term (number of years), 2.) total contract amount, 3.) AAS.
For RFA Bidding ONLY, the GM does not need to specify the breakdown of the contract. The breakdown will be provided in the event the tagging GM decides to now match.
Since the bidding is for a RFA, the GM who held the restricted player has the opportunity to match the winning bid, and may restructure that bid for a total contract amount no less and a term no shorter than that of the "winning" bid. If the restricting GM chooses not to match the offer, then the winning bidder is obligated to sign the player to the exact terms of the winning bid - there is NO option to remove or renege on any bid placed.
Compensation
Player’s lost in RFA bidding will result in a compensatory pick awarded to the GM choosing NOT to match the winning bid in this year's off-season’s minor league draft. The compensation picks will only be ‘sandwich’ picks (no picks will be taken from the team that wins the player) for the sake of easier implementation. The compensation for lost players will be based on our current RFA bidding restrictions:
If the winning bid necessitates a 2 year deal, the forfeiting team will receive a 5th round compensation pick.
... 3 year deal... a 4th round compensation pick
... 4 year deal... a 3rd round compensation pick
... 5 year deal... a 2nd round compensation pick
... 6 year deal... a 1st round compensation pick
In exact financial terms:
AAS of $3.001M to $6M - after 5th round comp pick
AAS of $6.001M to $9M - after 4th round comp pick
AAS of $9.001M to $12M - after 3rd round comp pick
AAS of $12.001M to $15M - after 2nd round comp pick
AAS of $15.001M or greater - after 1st round comp pick
Should there be more than 1 lost RFA per salary bracket, picks will be ordered first based on AAS, highest first, and in the event of an AAS tie, the team with the worse record during the regular season will get the first of the picks.
