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Old 04-06-2015, 11:45 PM   #1
lwlion
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Understanding Money available for Extensions and FA

Need some help here. I think I messed up, but I'm not sure how.

As the off season starts I might have in my financials something like $20,000,000 available for FA and $25,000,000 available for extensions.

I have a few players I wish to keep and not go to FA, so I offer them deals and before the offers are accepted it might say $20,000,000 available for FA and $5,000,000 available for extensions.

My players sign the deals and then I look at the financials and it says None available for FA and $5,000,000 available for extensions.

I thought these two numbers were separate from each other, but I guess I'm mistaken.

We then get to the part were FA are declared and I look at my financials after that day and get None available for FA and $15,000,000 available for extensions. I'd rather have that extra money for FA, I'm done with extensions for now.

I'm not quite understanding how the signings and non signings of my potential FA are affecting my available money in these two areas going forward.

Thanks for any help or pointing me in the right direction.

Regards
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Old 04-07-2015, 12:20 AM   #2
olivertheorem
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FA money should be money available under this season's budget, and extensions money should be money available under next season's projected budget.

Not exactly sure how it works during the offseason when FA's declare.
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Old 04-07-2015, 08:16 AM   #3
lwlion
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One other thing I thought of this morning that might factor into this as well.

I had a bunch of players that were going to go to arbitration accept contracts before we even got to arbitration that cost me around $14,000,000. That money has got to come from somewhere, but I'm not sure where.

Regards.
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Old 04-07-2015, 10:23 PM   #4
olivertheorem
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Pretty sure that comes out of your FA money.
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Old 04-07-2015, 11:05 PM   #5
RchW
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Quote:
Originally Posted by olivertheorem View Post
Pretty sure that comes out of your FA money.
Because if he didn't sign them they would be FA.
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Old 04-08-2015, 05:11 AM   #6
Matt Arnold
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Arbitration cases count as extensions. However, since arbitration estimates are factored into the "money for extensions" already, if a player has a 5M arbitration estimate, and you get him signed to a 5.5M extension instead, your available money for extensions only drops by 0.5M.

The time between the end of the season and when contracts roll over is a confusing time, I'll admit, because some numbers have already rolled over to next year, and some are still on the current year. Generally, in that time period, the "money for FA" number doesn't really matter, since you're not going to sign a "free agent" at that point anyways.
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Old 04-08-2015, 09:26 AM   #7
lwlion
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Thanks for the replies fellas.

Matt, If I'm understanding you correctly, when the playoffs are over and the offseason begins in November, the $ for extensions is a legit number for that moment and the $ for FA ignore completely.

Then after arbitration is over and free agents declare, I'll see the true $ available for FA I have available, if any.

So for example, let's say in November the two numbers are $10,000,000 for extensions and $10,000,000 for FA. I just sit and do nothing with the roster, I don't sign extensions and for the sake of our example here, let's say not one player went to arbitration.

We get to December, arbitration is over and Free Agents declare.

My numbers for both will change based on my budget for the coming year, correct.

So it is entirely possible that my numbers in mid December could change to something like this:

Available for extensions: $20,000,000.
Available for Free agents: None

I'm trying to understand this because I never have money for FA.
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Old 04-08-2015, 10:00 AM   #8
lwlion
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Completing my thought.

In the original example, I said that I had $25,000,000 for extensions and $20,000,000 for FA.

Let's say I sign two players to extensions and each with receive $7,500,000 in the first year which will add $15M of payroll expenses when contracts roll over.

We get past arbitration and Free agents declare. (After this is when contracts roll over?)

Money available for FA will now be around $5M because I used $15M of it up in the extensions.

Am I close?
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