Post by Atlanta Braves GM (Reid) on Mar 24, 2011 16:29:05 GMT -6
Franchise Tags:
Every off-season, there are always players who have their contracts expire. These players naturally become free agents and are available on the “free market” for auction by any team in the league. You will have the ability once per off-season to name a “franchise player”. This player, although having his contract expired, will not be eligible for free agency within our league and will be forced to sign with the same team.
The set contracts we will be using when Franchising a player will be 12M annually for 3 years.
Players being Franchised are not allowed to be traded or waived during the 3 year contract. You may buyout a franchised player but only at 75% of EACH YEAR of the contract he has left. Thus, you would owe him 9M for however many years he has left on the contract.
Franchise tags do not roll over if you do not use them. Franchise Tags may be traded but only for that current season only. If Team A does not trade his franchise tag during the 2012 season and chooses to not utilize his franchise tag on a player set to become a free agent following the season, then he loses all future use of that season's franchise tag. The 2013 franchise tag will not be up for trade until January 1st, 2013. This will be the same rule applied to potential trades of restricted and prospect tags. Please take note of this rule.
Every off-season, there are always players who have their contracts expire. These players naturally become free agents and are available on the “free market” for auction by any team in the league. You will have the ability once per off-season to name a “franchise player”. This player, although having his contract expired, will not be eligible for free agency within our league and will be forced to sign with the same team.
The set contracts we will be using when Franchising a player will be 12M annually for 3 years.
Players being Franchised are not allowed to be traded or waived during the 3 year contract. You may buyout a franchised player but only at 75% of EACH YEAR of the contract he has left. Thus, you would owe him 9M for however many years he has left on the contract.
Franchise tags do not roll over if you do not use them. Franchise Tags may be traded but only for that current season only. If Team A does not trade his franchise tag during the 2012 season and chooses to not utilize his franchise tag on a player set to become a free agent following the season, then he loses all future use of that season's franchise tag. The 2013 franchise tag will not be up for trade until January 1st, 2013. This will be the same rule applied to potential trades of restricted and prospect tags. Please take note of this rule.