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I have seen this numerous times in FA.
Good players will accept 1 yr/$300K offers if it seems they have no other offer. Discovered it accidentally by hitting submit offer before I could change the terms. Played a season and then decided to try it again and was able to sign 3 or 4 top FA's with minimum contracts.
Firs time it happened was with 1st patch. Happened again with second patch.
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CDL - Oakland A's
UBL - Florida Marlins
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