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Post by Admin on Jan 14, 2020 15:53:21 GMT
Please post the Years/AAV along with the BV.
Bid Value and Structure:
-AAV (Average Annual Value)-This is the average by the amount of years offered in a contract.
-BV(Bid Value)-This determines the value of your bid based on a percentage.
To allow for a better contract environment bids are now given value based on Dollar Mount and years offered.
1 year = Total Salary x 1.6
2 year = Total Salary x 1.4
3 year = Total Salary x 1.2
4 year = Total Salary x 1
Your offer must be $0.2 higher in BV than previous post.
If post is up for 24 hours that will be considered winning bid, where Admin will reach out to confirm if GM wants to confirm their winning bid. Once confirmed the bid is over, and the GM with rights to RFA will have 72 hours to match or decline winning bid. If GM wins the bid and it is not matched, they will have 72 hours structure contract.
- The year-by-year breakdown of the contract will be announced by the winning GM after the winning bids are announced.
- The highest single year salary of a contract may not exceed 125% of AAV
- The lowest single year salary of a contract may not be less than 75% of AAV
Players with RFA tagged that do not get offered a contract: The retaining team then has the option to extend the player at a contract of (1 year/$2) or the other option would be to release the player as a UFA with no penalty.
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