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Post Info TOPIC: Question


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Question


If a team trades for a player that has already been signed by another team, is the team responsible for honouring that contract?


For example say Bergeron is signed to a 3mil/4 yr deal already, if I were to trade for him would that contract carry over to my team next year?



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Guru

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Any answer to this one?

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Bryce told me you have the choice of keeping that contract and the team that signed the contract pays the signing bonus or you can renegotiate a new one but you have to pay the signing bonus.

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BRHL2 Co-Commish

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If a player has signed a deal with his prior team, that contract will be honoured. Ensure you're doing your due diligence before trading for a guy. We dont want to have to negotiate with teh same player 3 or 4 times.


(Sorry for the delay, never saw the question until now).



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Guru

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Hmm that kind of sucks

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CBJackets wrote:


Hmm that kind of sucks



 


Why does that suck?  If a player has signed a contract, he's signed a contract.  Otherwise it would essentially be the same as saying that any player has to renegotiate a new contract every time he's traded.  Why should it be different if a player has signed a new contract, vs. if he signed it a year ago?



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Guru

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I agree, it doesnt suck. If your a dumb GM and sign a bad contract then you should be tied to it for its length if no one else wants it.

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Senior Member

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BryceBruins wrote:



If a player has signed a deal with his prior team, that contract will be honoured. Ensure you're doing your due diligence before trading for a guy. We dont want to have to negotiate with teh same player 3 or 4 times.





The one thing that I think still needs to be clairified though is who is paying the signing bonus?  I don't remember if there was an announcement about the previous discusson/poll about when a signing bonus is paid, but I think regardless if the money is taken immediately upon being signed, or during the off-season, that it should definitely be the signing team that has to pay that signing bonus.  Yeah, the team that trades for a player has to take the new contract, but it's the signing team that should be paying the signing bonus (it just makes logical sense... someone is getting a signing bonus to sign a contract with a certain team)



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Guru

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Florida Panthers wrote:

BryceBruins wrote:



If a player has signed a deal with his prior team, that contract will be honoured. Ensure you're doing your due diligence before trading for a guy. We dont want to have to negotiate with teh same player 3 or 4 times.





The one thing that I think still needs to be clairified though is who is paying the signing bonus?  I don't remember if there was an announcement about the previous discusson/poll about when a signing bonus is paid, but I think regardless if the money is taken immediately upon being signed, or during the off-season, that it should definitely be the signing team that has to pay that signing bonus.  Yeah, the team that trades for a player has to take the new contract, but it's the signing team that should be paying the signing bonus (it just makes logical sense... someone is getting a signing bonus to sign a contract with a certain team)





it is

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