Post by Minneapolis on Nov 9, 2023 12:20:03 GMT -6
To help with Free Agency questions, New York has pulled together a lot of key information below. This should help you find out what you can offer to a Free Agent based on their status (experience, previous contract total, Bird Rights, etc.)
Number Of Contract Years You Can Offer:
Non-Bird Rights: Up to 4 Years
Bird Rights: Up to 5 Years
Yearly Contract Increase Percentages:
Non-Bird Rights: Up to 5%
Bird-Rights: Up to 8%
Maximum contract values:
0-6 Years of Experience: $28,750,000 or 105% of last year’s salary (whichever is higher)
7-9 Years of Experience $34,500,000 or 105% of last year’s salary (whichever is higher)
10+ Years of Experience: $40,250,000 or 105% of last year’s salary (whichever is higher)
Exceptions:
Mid-Level Exception (MLE) is $9,500,000 for 1-4 years with 5% raises.
Low-Level Exception (LLE) is $6,000,000 for 1-2 years with 5% raises.
Bird Rights
1 Year: You can offer a player up to 120% of last year’s salary or 120% of their minimum salary (whichever is higher)
2 Years: You can offer a player up to 175% of last year’s salary or 105% of last season’s average salary (whichever is higher)
3 Years+: You can offer a player their applicable maximum salary with no restrictions.
Note: 105% of last season’s average salary is $8,846,154. I will update this value every season to ensure it’s accurate.
PRO-TIPS
• Typically, contracts increase in value, but you can also have contracts decrease in value as well. You are held to the same standards as you would be for raises. You can offer a max decrease of 5%/8% depending on their Bird Right status.
• Team Options (TOs) can be useful in signing a guy to what is really a one-year deal. If you don't think he is worth his contract, decline the option for year two. TOs can be tricky when it comes to in-season re-signings. If you want a shot at re-signing a player in season, you must decline their team option before the start of the regular season.
• Player Options (POs) can be helpful when signing a guy you really want. Giving them the control over their last year can be the difference in a deal. It can also push a guy's value from positive to negative depending on the size of that last year and the quality of the player.
• Exceptions can be broken into smaller deals. You don't need to use all of the $9,500,000 (or $6,000,000 if it's the LLE) on one player. You can use that to secure a number of useful guys just above their minimum salary. Exceptions, like cap space, can also be used during the season if you need to add a contract to a trade.
Number Of Contract Years You Can Offer:
Non-Bird Rights: Up to 4 Years
Bird Rights: Up to 5 Years
Yearly Contract Increase Percentages:
Non-Bird Rights: Up to 5%
Bird-Rights: Up to 8%
Maximum contract values:
0-6 Years of Experience: $28,750,000 or 105% of last year’s salary (whichever is higher)
7-9 Years of Experience $34,500,000 or 105% of last year’s salary (whichever is higher)
10+ Years of Experience: $40,250,000 or 105% of last year’s salary (whichever is higher)
Exceptions:
Mid-Level Exception (MLE) is $9,500,000 for 1-4 years with 5% raises.
Low-Level Exception (LLE) is $6,000,000 for 1-2 years with 5% raises.
Bird Rights
1 Year: You can offer a player up to 120% of last year’s salary or 120% of their minimum salary (whichever is higher)
2 Years: You can offer a player up to 175% of last year’s salary or 105% of last season’s average salary (whichever is higher)
3 Years+: You can offer a player their applicable maximum salary with no restrictions.
Note: 105% of last season’s average salary is $8,846,154. I will update this value every season to ensure it’s accurate.
PRO-TIPS
• Typically, contracts increase in value, but you can also have contracts decrease in value as well. You are held to the same standards as you would be for raises. You can offer a max decrease of 5%/8% depending on their Bird Right status.
• Team Options (TOs) can be useful in signing a guy to what is really a one-year deal. If you don't think he is worth his contract, decline the option for year two. TOs can be tricky when it comes to in-season re-signings. If you want a shot at re-signing a player in season, you must decline their team option before the start of the regular season.
• Player Options (POs) can be helpful when signing a guy you really want. Giving them the control over their last year can be the difference in a deal. It can also push a guy's value from positive to negative depending on the size of that last year and the quality of the player.
• Exceptions can be broken into smaller deals. You don't need to use all of the $9,500,000 (or $6,000,000 if it's the LLE) on one player. You can use that to secure a number of useful guys just above their minimum salary. Exceptions, like cap space, can also be used during the season if you need to add a contract to a trade.