Contract Extension Tips

[Klew1986]

I am looking for some tips for when it comes to offer contract extensions/long term deals to players. I feel like I have the hardest time trying to lock up players, whether it's before the player hits arbitration or whether it's after their first year or two of arbitration.

I have a few players in my current fictional game that will be getting long-term deals soon, but I'm having a hard time figuring out the salary numbers to start with and such.

[EKomrska15]

Originally Posted by Klew1986

I am looking for some tips for when it comes to offer contract extensions/long term deals to players. I feel like I have the hardest time trying to lock up players, whether it's before the player hits arbitration or whether it's after their first year or two of arbitration.

I have a few players in my current fictional game that will be getting long-term deals soon, but I'm having a hard time figuring out the salary numbers to start with and such.

I usually hit them up right before year 3 arby and extend them to 4 or 5 years deals....Just really lowball them and they'll come around plus you can't lose anything because they can't walk away if they don't like your offer....

I will usually go 2 or 3 million below what they demand on the extension and they'll be happy...

[goalieump413]

I like to use a team option for the final year of 3+ year extensions. Also, like EKomrska15 said, lowball them in the first year of the extension especially, and as long as the numbers increase, they're usually okay with that. But it also helps when you have some depth on your roster.

[sprague]

my method is simple, just cuz i don't want to spend too much time on all the contract stuff

i take a player, say he wants a 5 year deal, it it close to right, i make it 3, generally his first year asking is lower than the rest, then i click on "all years" at the first price
player tends to accept
anything over 3 i want the last year a team option or vesting option.

for me keeps salaries some what in check and lets the game move on rather quickly

though for those working hard on the gm nickle and dime game, then you better wait for those gamers to give thier opinions of how to do that

[Klew1986]

Yeah. Like I have a stud SP I have no idea what to offer...

[sc_superstar]

What I would normally do.

1) He will ask for one year, usually guys under 5 service years wont ask for a long term contract on their own

2) Determine how long your willing to go, for a guy like this I would be shooting at 4-8 years depending on preference and how much his asking price is

3) Offer him the term you want him for with approx. 1-3 million taken off his arbitration estimate, he will accept, counter at 1 year for a higher AAV than his original offer, or counter with 1 year at in between your offer and his original offer.

4) If he accepts thats great, if he declines offer you have 2 options depending on his negotiating mood, if he is still happy you can go with your term but split the difference in contract value, if he seems like he is getting unhappy, then offer him 4 years and split the money difference, he will take this offer in most cases and you buy out his arbitration years, probably for below market value.

If he has the 4th year of eligibility by being a super 2, a contract extension cheaper than this years estimate will save you 10m or more

[OBSL Commish]

Originally Posted by Klew1986

Yeah. Like I have a stud SP I have no idea what to offer...

Attachment 288426

Here's what I do: Click on your Team Menu then click Salary Obligations. Find his name and it will show you what his approximate asking price in the upcoming arbitration period will be. (The number will be in parentheses.) Looking at Garcia's ratings and stats, I'm guessing his arbitration price will be around $8 million. Try and sign him to a long term deal, say 8 years. make the first year $3 million less than what he's projected to ask for. Then click that for all years and see if he accepts that. If he asks for a shorter deal then up his counter offer by two years and only up each year after the first by $500,000. Eventually, I bet he signs for five years and around $42 million.

[Klew1986]

I went ahead and gave him a monster extension. Totaled to be 131 million/9 year deal. He is the face of the franchise and was never going to let him leave.

[EKomrska15]

Originally Posted by OBSL Commish

Here's what I do: Click on your Team Menu then click Salary Obligations. Find his name and it will show you what his approximate asking price in the upcoming arbitration period will be. (The number will be in parentheses.) Looking at Garcia's ratings and stats, I'm guessing his arbitration price will be around $8 million. Try and sign him to a long term deal, say 8 years. make the first year $3 million less than what he's projected to ask for. Then click that for all years and see if he accepts that. If he asks for a shorter deal then up his counter offer by two years and only up each year after the first by $500,000. Eventually, I bet he signs for five years and around $42 million.

This is exactly what I do...

[EKomrska15]

Originally Posted by Klew1986

I went ahead and gave him a monster extension. Totaled to be 131 million/9 year deal. He is the face of the franchise and was never going to let him leave.

Honestly, you could have gotten him much cheaper.

[Klew1986]

Originally Posted by EKomrska15

Honestly, you could have gotten him much cheaper.

I dunno. He wasn't budging much off his demands and I didn't want to wait until arbitration as he won 18 games his first year and 23 his 2nd year. But the fact I locked him up for 9 years is good enough for me. Considering it shows his arbitration estimate for this year, had I not signed him long term, would be roughly 12.4 million.

Here is the breakdown of the years...

2019: 10 million
2020: 11.1 million
2021: 12.4 million
2022: 13.6 million
2023: 15 million
2024: 15 million
2025: 16.5 million
2026: 18 million (team option)
2027: 19.5 million (team option)

[EKomrska15]

Right, but I bet you could have gotten him for a flat 10 million each year.

[Tram2Whitaker]

Originally Posted by Klew1986

I dunno. He wasn't budging much off his demands and I didn't want to wait until arbitration as he won 18 games his first year and 23 his 2nd year. But the fact I locked him up for 9 years is good enough for me. Considering it shows his arbitration estimate for this year, had I not signed him long term, would be roughly 12.4 million.

Here is the breakdown of the years...

2019: 10 million
2020: 11.1 million
2021: 12.4 million
2022: 13.6 million
2023: 15 million
2024: 15 million
2025: 16.5 million
2026: 18 million (team option)
2027: 19.5 million (team option)

I'm not sure you'll be wanting to exercise those options. I don't know what your age modifier settings are, but I've never trusted anyone (especially pitchers) in their 30s with that much money.

[Klew1986]

It's funny because in my fictional game there are quite a few players in their mid-30s that are still pitching really well.

I think overall though, my game is starting to get messed up. There are hardly any good FAs each year and the game is wayyyyy pitching prospect overloaded. Starting to actually kill the league. I dunno what to do.

[r0nster]

not bad wheeling and dealing .... Sometimes I lowball the player but in the last 2 option years balloon it up. What I will do is decline the option year then attempt to sign the player at cheaper cost via Free Agency. Sometimes it works sometimes it doesn't. However during them years before the option years I will keep a sharp eye on a replacement player either from minors or another team or simply trade the player before the trade deadline right before the option hits.

[r0nster]

I just had a player wanting an extention of 33 million a year for 8 years. It was Miguel Cabrera. Would take a picture of what he wants to show proof of it but I don't know how to make the picture on here since I am still new to the windows 8 .... I am gonna make one attempt to see if I can get it to work.

[r0nster]

Looks like he changed his mind to 5 years now LOL

[Klew1986]

What did you end up giving him?

[r0nster]

I gave him a 8 year contract and the first 6 years 24 million each year and the last two years at the 32.5 million he wanted (with team Option) I wanted it like this so that he be tradeable or I could just give him up for free agency and try to get him cheaper if I find nobody better.

[Perceptor]

Originally Posted by sc_superstar

What I would normally do.

1) He will ask for one year, usually guys under 5 service years wont ask for a long term contract on their own

2) Determine how long your willing to go, for a guy like this I would be shooting at 4-8 years depending on preference and how much his asking price is

3) Offer him the term you want him for with approx. 1-3 million taken off his arbitration estimate, he will accept, counter at 1 year for a higher AAV than his original offer, or counter with 1 year at in between your offer and his original offer.

4) If he accepts thats great, if he declines offer you have 2 options depending on his negotiating mood, if he is still happy you can go with your term but split the difference in contract value, if he seems like he is getting unhappy, then offer him 4 years and split the money difference, he will take this offer in most cases and you buy out his arbitration years, probably for below market value.

If he has the 4th year of eligibility by being a super 2, a contract extension cheaper than this years estimate will save you 10m or more

Thanks for this. I just signed Tommy Hanson to a 6-year extension that pays a straight $4.7 million per season. His arby number was $4.2 million and he was asking for $5.3 million for 1 year. I was able to buy out his arby years plus 2 years of free agency