Post by Yankees GM (Bryan) on Jan 23, 2021 12:14:33 GMT
Every team will be limited to $160 million in Salary Cap. This cap will be used for Player Salaries and Signing Bonuses.
Teams will also receive three tags. One tag will be a Franchise tag and the other a Restricted tag. The third tag can be either of these two options, the choice is up to the owner (Flex tag).
IFA budget will be $4 per team.
FRANCHISE TAGS
Team takes on the players real life MLB contract. We currently use Cot's as the official source for contract and salary information.
Please round all annual salaries to the nearest $50,000 increment.
www.baseballprospectus.com/compensation/cots/
All contractual option (player, club, mutual and vesting) will be considered club options. This league will not enforce buyouts of options. Player opt outs will also be treated as club options. If an owner exercises an option then they are responsible for the remainder of the contract, unless another club option exists.
RESTRICTED TAGS
Team will allow player to be bid on in the offseason, and will have opportunity to match winning bid or receive compensation. Restricted Free Agency rules apply.
Tags may be traded, but the type of tag being attached to a player has to be determined at the date of trade unless the flex tag is traded. Flex Tags do not have to be declared until the offseason, as if the tag was owned by the original GM. Tags traded, however, cannot be removed once traded with a player. The tag must be used on that player and if that player is traded again, the tag must go with him.
If an option on a player is not picked up, the owner of said player can still use a Restricted FA tag on that player as long as the owner has a Restricted Tag available
Teams will also receive three tags. One tag will be a Franchise tag and the other a Restricted tag. The third tag can be either of these two options, the choice is up to the owner (Flex tag).
IFA budget will be $4 per team.
FRANCHISE TAGS
Team takes on the players real life MLB contract. We currently use Cot's as the official source for contract and salary information.
Please round all annual salaries to the nearest $50,000 increment.
www.baseballprospectus.com/compensation/cots/
All contractual option (player, club, mutual and vesting) will be considered club options. This league will not enforce buyouts of options. Player opt outs will also be treated as club options. If an owner exercises an option then they are responsible for the remainder of the contract, unless another club option exists.
RESTRICTED TAGS
Team will allow player to be bid on in the offseason, and will have opportunity to match winning bid or receive compensation. Restricted Free Agency rules apply.
Tags may be traded, but the type of tag being attached to a player has to be determined at the date of trade unless the flex tag is traded. Flex Tags do not have to be declared until the offseason, as if the tag was owned by the original GM. Tags traded, however, cannot be removed once traded with a player. The tag must be used on that player and if that player is traded again, the tag must go with him.
If an option on a player is not picked up, the owner of said player can still use a Restricted FA tag on that player as long as the owner has a Restricted Tag available