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CONTRACTS
Topic Started: Aug 16 2013, 03:00 AM (364 Views)
EugeneNYI - commish
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Contracts


1. Your players will have the same Cap hit and Length of contract as they do in the real NHL.

2. In off-season if a player gets a new contract in the NHL, you will have the right to accept it or drop that player from your team for free(must decide by start of season). For 2015-2016, the deadline will be 10/1/15 at Noon EST.
Same goes for in-season extensions(decide in off-season).

3. If a player received a contract in-season (after the 10/1/15 deadline for 15-16), you will have 1 week to decide on whether to accept/reject that contract. See "Minor Eligibility" thread for more info!
Email commish with contracts you want to accept or decline.

4. If you do not accept or decline a new contract by start of season (for 2015-2016, the deadline will be 10/1/15 at Noon EST), that player will be dropped from your team.

5. When your player's contract ends you still own his rights!

6. League Minimum (Cap hit) - Fantrax wont allow any player to have a cap hit below $500,000. That means that newly drafted players for example will have a cap hit of $500,000. Note that players on your team who have had an NHL contract will retain their previous cap hit until you accept a new contract. Only exception is found under "Minor Eligibility" rules , part 2, A2.

7. Retained Salary - The new CBA allows for teams to retain part of the cap hit of a player they move in a trade. An example is Jussi Jokinen or Kris Versteeg. In such cases, that player"s cap hit will change to his new cap hit(minus retained cap) after the trade.
Edited by EugeneNYI - commish, Oct 2 2016, 10:55 AM.
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