BRHL2 Free Agency will start on Tuesday September 7th at 8pm EST.

The deadline to sign or qualify your RFA's is Wednesday September 1st at 8pm EST.

We will continue to follow the same guidelines and processes as last year. Much debate about chaning it. But Bryce and I feel this way still has its many big money spending positives. Also, thank Bryce for removing the salary floor and saving me and a few others from overbidding that one player you wanted just so we could comply with that rule.

I urge everyone to keep in mind that Bryce and I (mainly Bryce) are on our period during this time. We follow these rules closely and love handing out fines.

Restricted Free Agents

1)      Restricted Free Agents (RFA) are those players who are 27 years of age or under (27 with 1 year left if during the season). During the season, when a player will be a pending RFA the owning team is not required to offer that player a contract if they do not wish, they will maintain that players rights as an RFA regardless.

2)       RFA Age is players who are 28 with no contract left. Or 27 with 1 year left.

3)       All RFA signings are to be done using the Excel spreadsheet

a.       Please input the players information, get the cap figure from www.nhlscap.com or www.capgeek.com

b.  Make sure to add an extra year onto the players age to reflect how old they will be in the sim when the contract comes into effect.

c.  Each season teams will only have two 4 year deals, and two 5 year deals to resign players with.

d.  You can download the spreadsheet here. Please make sure to specify when you email this in which contract you want.

4)  Email all RFA re-signings to brhl2@brhlhockey.com

5)  If you choose not to sign a player to the amount determined by the spreadsheet. You may let him test the RFA waters. Or you may alert the commishes office that you would like to release the players rights. You must officially qualify a player to be awarded compensation.

6)  Compensation for signing a RFA is as follows;

1)  Compensation for signing a RFA is as follows;

a.  $700,000 to $799,999 = 5th Round Draft Pick    

b.  $800,000 to $999,999 = 4th Round Draft Pick

c.  $1,000,000 to $1,999,999 = 3rd Round Draft Pick

d.  $2,000,000 to $2,999,999 = 2nd Round Draft Pick

e.  $3,000,000 to $3,999,999 = 1st Round Draft Pick

f.  $4,000,000 to $4,999,999 = 1st & 2nd Round Draft Picks

g.  $5,000,000 + = Three 1st Round Draft Picks

 

7)  You must have the proper compensation before bidding on a RFA. If you have multiple picks that qualify. The team losing the player would have their choice amongst your available picks.

8)  When bidding on RFAs they are for 1 year deals, and can not include signing bonuses, the amount of years will be open from 1-5 if a player is only 1 year away from UFA. RFAs can be tagged if necessary, when signed to 1 year deals before UFA.

9)  When bidding for RFAs your bid must be at least 200k higher than the prior bid.

 

 

Unrestricted Free Agents

 

1)   In order to ensure an active and fair unrestricted free agency period, teams will not resign the vast majority of their unrestricted free agents. However, using a tagging system, will be able to hold onto select free agents.

2)   Players who are signed as Unrestricted Free Agents to 1 year contracts, cannot be tagged. A player must sign at least a 2 year agreement, and wait for the end of that contract to be tagged.

3)   Please see the tagging section for information pertaining to tags.

4)   Unrestricted free agency will work simply on a highest bigger format.

5)   To place a bid on a player, you must increase the bid of the previous offer of no less than $200,000. Bidding will be done through the Web Portal.

6)   Once a bid is placed on a player another team has until MIDNIGHT PACIFIC the next day to bid more for that players service. If no one bids higher, that player will sign.

7)   Live bids are described as bids that are currently the highest bid on a player and would be the winning bid if that player was not offered a higher yearly contract from another team within the bidding window.

a.    A team has a maximum of 5 Live bids and cannot exceed that number. Failure to comply will result in a fine and the discontinuation of that GM allowing to bid on the player(s) where the maximum of 5 bids was exceeded.

b.    If a team is maxed out with 5 live bids and (X amount) player sign(s), the team can place those (X amount) bids elsewhere.

c.    If a team is maxed out with 5 live bids and (X amount) player has their offer upped by another GM, the team can place those (X amount) bids wherever.

8)   Signing bonuses may not exceed HALF the TOTAL contract amount. So a 4 year 2 million dollar offer may not have a signing bonus of more than 4 million.

9)   The total value of a bid on a UFA is calculated by; (yearly salary  + (total signing bonus/years)). So in the prior example of a 4 year 2 million dollar deal with a 4 million dollar signing bonus that is worth 3 million per season.

10)       The player will sign with whichever team offers them the highest average salary per season.

11)       Teams must have the money in their current finances in able to offer signing bonuses, and may not go into the negative from paying the signing bonuses.

12)       Incorrect bids (bidding on a player while not upping the amount properly) will result in a fine, and a waiting period of 3 calendar days for the GM to re-bid on the player again.

13)       All signing bonus cannot exceed 50% of the total yearly value of the contract. For example a 3 year deal worth $1,000,000 per season would equal a signing bonus of a maximum of $1,500,000. Please adhere to this formula when sending in offers: (Contract Length x Dollar Amount) / 2 = Maximum Signing Bonus.

14)       A team that currently has a player already on their roster, despite them entering Free Agency, will get a home loyalty discount in that a player will give the home team a 10% discount (applied to the salary) in negotiations. 

a.    Do not figure this into your bidding. This will be removed afterwards.

                   b.  The 10% is taken off the salary portion when you are figuring the yearly amount being offered.

Example:

3 Year offer
$2,575,000 salary/yr
$2,000,000 Signing Bonus
.1 Loyalty

(((yearly salary - (yearly salary x loyalty))  + (total signing bonus/years))

((($2,575,000 - ($2,575,000 x .1))  + ($2,000,000/3))

(($2,575,000 - $257,500)  + ($666,667*))

($2,317,500 + $666,667*)

Salary = $2,984,167 / year (3)

*=Round up to the nearest dollar if the cents read .5 or higher.

15)       Teams may NOT release players during unrestricted free agency. The only transactions allowed during free agency are actual trades between teams. A buy out period prior to UFA will open and close.

16)   Teams have a $3,000,000 cap cushion during the off-season and Free Agency.

17)   Players 25 or older who are unassigned, and have no rights to a BRHL2 team can be signed as a UFA.

18)  Trading recently signed UFA's cannot be done prior to the following time periods without penalty:
 

 

Player (contract)	30 Days	60 Days	90 Days	120 Days	Trade Deadline
4 million +	$5,000,000	$4,000,000	$3,000,000	$2,000,000	$1,000,000
3-3.99 million	$4,000,000	$3,000,000	$2,000,000	$750,000
1.5-2.99 million	$3,000,000	$2,000,000	$500,000
800k-1.499 million	$2,000,000	$250,000
Less than 799k	None

Tagging


- UFA's signed in this Free Agency cannot be tagged next year, RFA's can (if applicable).
- Next off-season will be the last time to use tags.

-- Edited by Eric_Isles on Tuesday 7th of September 2010 10:52:15 PM