Post by Phoenix Coyotes (Commish) on Dec 15, 2023 16:00:31 GMT
All players who are ML50, ML40, ML1, or ML2 (being the second year, no one is on an ARB contract yet) may be extended under the new rules. As noted in the rule change vote, for this year only, ML2 contracts may be extended at the same rate as ML1 contracts for the two seasons of free agency being bought out. The contracts would be as follows:
For ML50, ML40, or ML1 contracts being bought out:
Year 1: $1
Year 2: $1
Year 3: $2
Year 4: $4
Year 5: $8
Year 6: $11
Year 7: $14 (optional)
For ML2 contracts being bought out:
Year 1: $1
Year 2: $2
Year 3: $4
Year 4: $8
Year 5: $11
Year 6: $14 (optional)
Since this is a unique league and a new process for many, I wanted to add some pros and cons to consider when making the decision:
PROS: You can control the player for two additional years versus allowing them to go through arbitration as normal, whereas a player who goes through the full ARB without a buyout can only be resigned via the franchise tag at a very high salary. Additionally, if you opt to buy out a player at a later time in their contract, the price becomes more and more expensive annually.
CONS: The player is now considered a MLB player and must be kept on the MLB 25-man roster (ie, is not eligible to go up and down between minors like a ML1 or ML2 contract). Additionally, the life of the contract becomes guaranteed, and is subject to the same cutting penalties as a normal MLB contract. Players going through the normal ARB process can be cut during the offseason for zero cost, and if cut midseason, only are subject to penalty for that year of the deal.
For ML50, ML40, or ML1 contracts being bought out:
Year 1: $1
Year 2: $1
Year 3: $2
Year 4: $4
Year 5: $8
Year 6: $11
Year 7: $14 (optional)
For ML2 contracts being bought out:
Year 1: $1
Year 2: $2
Year 3: $4
Year 4: $8
Year 5: $11
Year 6: $14 (optional)
Since this is a unique league and a new process for many, I wanted to add some pros and cons to consider when making the decision:
PROS: You can control the player for two additional years versus allowing them to go through arbitration as normal, whereas a player who goes through the full ARB without a buyout can only be resigned via the franchise tag at a very high salary. Additionally, if you opt to buy out a player at a later time in their contract, the price becomes more and more expensive annually.
CONS: The player is now considered a MLB player and must be kept on the MLB 25-man roster (ie, is not eligible to go up and down between minors like a ML1 or ML2 contract). Additionally, the life of the contract becomes guaranteed, and is subject to the same cutting penalties as a normal MLB contract. Players going through the normal ARB process can be cut during the offseason for zero cost, and if cut midseason, only are subject to penalty for that year of the deal.