Basics of finances

Vinnyvagus · 03-21-2015, 07:26 PM

Hi there,
I think I have worked out most of the line items in the Front Office 'Finances' page but I have a couple of questions to ask.

I have a $170m budget, with £32m total amount available for Free Agents, but only $1m for extensions. Where or how is the money for extensions worked out?

Also When does the new budget start from? $1m for extension is not a lot and so I am wondering when that amount will 'hopefully' increase and therefore have more money to offer some new contracts before next season?

gfas · 03-24-2015, 01:32 PM

I was wondering something similar with extensions. I have an owner goal to sign a player to an extension but there is $0 available for extensions. I assume it just starts to build up once the season starts? Idk.

JamesMowery · 03-24-2015, 11:32 PM

I don't definitively know the answer to this, but my thinking here is that it could be related to your next year's available budget for player contracts (since your players could theoretically have higher contract values for the next year). If you have a look at your salaries for upcoming seasons, there might be a correlation to this.

Just a thought. Hopefully someone else can confirm that this is reason, as I'm curious myself.

Edit: I just fired up the game and had a quick look, and I'm not so sure that my theory holds true. Perhaps someone else has an explanation?

Edit 2: I did some more math, and I got it: Take your Next Year predicted BUDGET and subtract it by the next year's total EXPENSES SUBTOTAL (you can see this in the "Accounting" tab under your Front Office). The remainder is your available amount for extensions.

Edit 3: I'm an idiot. There's already an "Extension Information" section in the Front Office Financials section. It's past 1 AM and I'm tired. :P

JamesMowery · 03-25-2015, 12:38 AM

To the OP:

These two sections in the Financials portion give you all the information you could want (and make it much easier than going into the "Accounting" section).

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Given that (and given the fact that I totally managed to miss the "Extensions" section), do you have any specific questions about this?

If you want to get an idea of what you'd have available budget wise two years ahead, this is where you can go into the "Accounting" screen and look at the last column (in this case, "2017"):

As mentioned in my prior post, take the BUDGET (top line) and subtract it from the EXPENSES SUBTOTAL (third number from the bottom), and you'll get an idea of what you have two years for extensions.

Matt Arnold · 03-25-2015, 04:13 AM

The most likely cause of very little money for extensions is that you have a lot of guys who are expected to get raises in arbitration. Those values are constantly calculated every day, so they will shift. If a player's status changes from arbitration eligible to being a free agent after the season, you may get some more money for extensions.

The largest change happens after the World Series, when the overall expenses from your current year are calculated, and between revenue sharing and the owner they decide exactly what the budget for next year will be.

But yes, during the season, I would suggest monitoring those widgets on the finance screen, as well as the accounting tab and your player salaries report to understand what shape your future finances are in.

03-21-2015, 07:26 PM	#1
Vinnyvagus Minors (Rookie Ball) Join Date: Apr 2012 Location: England, UK Posts: 39	Basics of finances Hi there, I think I have worked out most of the line items in the Front Office 'Finances' page but I have a couple of questions to ask. I have a $170m budget, with £32m total amount available for Free Agents, but only $1m for extensions. Where or how is the money for extensions worked out? Also When does the new budget start from? $1m for extension is not a lot and so I am wondering when that amount will 'hopefully' increase and therefore have more money to offer some new contracts before next season?

03-24-2015, 11:32 PM	#3
JamesMowery Minors (Single A) Join Date: Mar 2015 Location: Norfolk, Virginia Posts: 85	I don't definitively know the answer to this, but my thinking here is that it could be related to your next year's available budget for player contracts (since your players could theoretically have higher contract values for the next year). If you have a look at your salaries for upcoming seasons, there might be a correlation to this. Just a thought. Hopefully someone else can confirm that this is reason, as I'm curious myself. Edit: I just fired up the game and had a quick look, and I'm not so sure that my theory holds true. Perhaps someone else has an explanation? Edit 2: I did some more math, and I got it: Take your Next Year predicted BUDGET and subtract it by the next year's total EXPENSES SUBTOTAL (you can see this in the "Accounting" tab under your Front Office). The remainder is your available amount for extensions. Edit 3: I'm an idiot. There's already an "Extension Information" section in the Front Office Financials section. It's past 1 AM and I'm tired. :P Last edited by JamesMowery; 03-25-2015 at 12:25 AM.

03-25-2015, 12:38 AM	#4
JamesMowery Minors (Single A) Join Date: Mar 2015 Location: Norfolk, Virginia Posts: 85	To the OP: These two sections in the Financials portion give you all the information you could want (and make it much easier than going into the "Accounting" section). Given that (and given the fact that I totally managed to miss the "Extensions" section), do you have any specific questions about this? If you want to get an idea of what you'd have available budget wise two years ahead, this is where you can go into the "Accounting" screen and look at the last column (in this case, "2017"): As mentioned in my prior post, take the BUDGET (top line) and subtract it from the EXPENSES SUBTOTAL (third number from the bottom), and you'll get an idea of what you have two years for extensions. Last edited by JamesMowery; 03-25-2015 at 01:10 AM.

03-24-2015, 01:32 PM	#2
gfas Minors (Single A) Join Date: Mar 2015 Posts: 63	I was wondering something similar with extensions. I have an owner goal to sign a player to an extension but there is $0 available for extensions. I assume it just starts to build up once the season starts? Idk.

03-25-2015, 04:13 AM	#5
Matt Arnold OOTP Developer Join Date: Jun 2009 Location: Here and there Posts: 14,122	The most likely cause of very little money for extensions is that you have a lot of guys who are expected to get raises in arbitration. Those values are constantly calculated every day, so they will shift. If a player's status changes from arbitration eligible to being a free agent after the season, you may get some more money for extensions. The largest change happens after the World Series, when the overall expenses from your current year are calculated, and between revenue sharing and the owner they decide exactly what the budget for next year will be. But yes, during the season, I would suggest monitoring those widgets on the finance screen, as well as the accounting tab and your player salaries report to understand what shape your future finances are in.