RENEGOTIATION

 

Each team may attempt two (2) contract renegotiations per year during the off-season no later than one week prior to the restricted free agent auction (RFA).

 

The following conditions must be met in order to initiate a contract renegotiation:

·         Player must agree to talk

·         Player is approaching the second or subsequent years of a multi-year contract

·         Player is not currently subject to a renegotiated contract, and;

·         GM has not previously attempted to renegotiate the contract in the current year

 

Renegotiation is a two-step process: the Approach and Bargaining.

 

The Approach – This is when the GM declares the intention to attempt to renegotiate the contract of an eligible player by requesting that player to take a pay cut in order to remain with the team.

 

Bargaining may only occur if the player agrees to talk.

 

The chance that a player will talk increases with the player’s age as displayed in the current player rating set.

 

The Approach is conducted using the following table:

 

Age

Will Talk

<25

1-10

25

1-20

26

1-30

27

1-40

28

1-50

29

1-55

30

1-60

31

1-65

32

1-70

33

1-80

34

1-85

35

1-90

>35

1-95

 

If the player refuses to talk, the process ends immediately and there is no renegotiation. 

A GM may approach any number of players and request renegotiations.  However, once a GM has approached two (2) players, word gets around the locker room that the team’s owner is cheap and the chance of players agreeing to talk is reduced.

 

Reduce the chance of a player agreeing to talk by 10% for each approach after the first two.

 

 

Bargaining – If the player agrees to talk, the GM proceeds to bargain with the player.

This process is simulated by tendering the player a final “offer” from the team. This “offer” represents the price the team can afford to pay the player in order to stay with the team.

The pay cut can be for any amount less than the player’s current yearly salary, expressed in 5% increments, or to the player’s current ‘Koch Value,’ but not lower than the ‘Koch Value.”

(If cutting a player’s salary to ‘Koch Value’ round the difference to the nearest 5% for purposes of the table). The minimum pay cut is 5%.

Renegotiation is conducted using the following table:

 

RENEGOTIATION TABLE

 

Years Remaining on Contract

% Pay Cut

1

2

3

4

5

1-90

1-80

1-75

1-65

10

1-80

1-70

1-65

1-55

15

1-75

1-65

1-60

1-50

20

1-65

1-55

1-50

1-40

25

1-60

1-50

1-45

1-35

30

1-50

1-40

1-35

1-25

35

1-45

1-35

1-30

1-20

40

1-40

1-30

1-25

1-15

45

1-35

1-25

1-20

1-10

50

1-25

1-20

1-15

1-5

 

                                         If a player rejects the renegotiation he is automatically INSULTED

 

If the player “accepts” the pay cut, the current and any remaining year(s) of his contract are adjusted to the new salary and a “no trade” clause is added to the contract for the current season only.

However, if the player is subsequently released in the current contract season, the cut costs are calculated at the original contract salary (prior to the pay cut).


 

If the player takes the pay cut and makes the team in the current season, the renegotiated contract becomes the player’s official contract for all purposes, including cut costs, in subsequent years of the contract, if applicable.

 

If the player “refuses” to take a pay cut he is insulted and immediately released to the free agent pool, with the usual cut costs.  Moving forward the team cannot bid on the player in free agency or match any  offer the player receives.

 

An “attempt” is defined as one roll on the Renegotiation Table.

 

Therefore, once two rolls have been made, successful or not, the GM may attempt no more renegotiations in the current off-season.