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Post Info TOPIC: Should Signing Bonus be taken out of your Funds now?
Should Signing Bonus be taken out of the funds Now? [19 vote(s)]

NO
31.6%
YES
68.4%


BRHL2 Co-Commish

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Should Signing Bonus be taken out of your Funds now?


In an interesting dilemma, Bryce and I disagree on something.

Below we'll give you each of our opinions on the issue. Here is a little background:

Signing Bonuses are taken out of the Funds for each team. They do no affect the cap room for each team, it is strictly money that is paid in straight funds from the team to the player at the begining of his contract in full amount. In the NHL, sometimes S.B. are paid out through out the course of the contract. In the FHL world, it's much easier to keep track of and is done all at once. Once a team pays the signing bonus, a new team would not be responsible for that portion of the contract if the player was involved in the trade.

Our dilemma here is WHEN should the Signing Bonuses be taken out of a team's funds? As of now, the Contracts go into effect during the off-season. When players age a year, and when the sim starts a new season the contracts are put into place.

- The NO Side - By Eric
I don't think that SB's should go into effect until when the rest of the contract is processed. I think that right now the period between when a team signs a RFA to a deal and the off-season is a grace period. If the signed RFA were to be traded, his contract would be able to be renegotiated with his new team. If the player stays, the agreed upon contract would be processed in full. Since we do things ahead of schedule in the BRHL2 by signing RFAs during the season, thus spreading out the off-season so Bryce and I don't have to worry about the Draft, RFAs, Ratings, UFAs and other loose ends all within a month or two. I think we should wait till the offseason for the Contracts to be put into effect, completely. I don't think we need to worry about teams overspending as if that becomes the case the player won't sign the agreed upon deal.

- The YES side - By Bryce
It makes more sense to take the $$$ out of current finances as soon as the signing bonus is signed. If a team is going to sign a player to a large signing bonus and then deal them, they shold be reponsible for the "up front" money as they would be paying that in real life. It allows allows the league to ensure that no team is going in the negative based on signing bonuses. If the team doesnt have the funds in there current finances, they wouldn't be able to offer it as a signing bonus. Plus it ensures a team does not trade for a guy, then get stuck with a high charge for a contract they didn't agree upon.

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BRHL2 Co-Commish

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BTW, This is a mandatory vote.

Voting closes Wed at 6pm EST

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Guru

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**** I voted NO but I meant YES. IMO you have to process signing bonuses as soon as they contract has been signed, and teams should not be able to offer signing bonuses if they don't have the current funds to cover that amount.


Otherwise what if at the end of the year they haven't got enough money to cover the deal...



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Preds GM VOTED

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David Barbosa Preds GM


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CBJackets wrote:

**** I voted NO but I meant YES. IMO you have to process signing bonuses as soon as they contract has been signed, and teams should not be able to offer signing bonuses if they don't have the current funds to cover that amount.


Otherwise what if at the end of the year they haven't got enough money to cover the deal...





I also just voted no, but if the options are only the 2 listed, I absolutely meant yes (I voted before fully reading everything) so please change one vote to yes. I think that the signing bonus's should be taken at the start of the season (or after this season is over), not particularly immediately this second.

I absolutely don't see any validity to having a "signing bonus" spread out over the course of a contract. If that's the case, it's NOT a signing bonus! It's just part of the contract, and without a doubt should be part of the cap.

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Guru

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I voted yes, I think it's easier to keep track of it this way and also gives an additional incentive to hold off until the off-season to sign a certain player since playoff revenues may start coming in.

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Guru

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I voted.

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Guru

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philly votes yes

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Veteran Member

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Where's my sticker? I voted!

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Guru

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Signing Bonus... ie. when the player signed...

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Veteran Member

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It is called a SIGNING BOUNS, it should be paid as soon has he SIGNS the deal.

Chinnick
Bruins AGM

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Chinnick Bruins Assistant GM


BRHL2 Co-Commish

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It's kinda of semmantics, but the player doesn't sign the deal till the off-season. Does that change your answers? He agrees to the deal in princaple, but doesn't sign till the off-season.

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Eric_Calgary wrote:

It's kinda of semmantics, but the player doesn't sign the deal till the off-season. Does that change your answers? He agrees to the deal in princaple, but doesn't sign till the off-season.



That's the understanding I got but I still feel it's easier to keep track of to make sure we don't overspend on signing bonuses.

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Senior Member

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Vancouver just voted

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Senior Member

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Let me first ask when will teams be given their money for Sposorship deals that they meet through out the season. If that money is given to the team mid season then I think the Bonus money should come out mid season. If the money is all given at the end of the season then the Bonus money should come out at the same time.

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