Edited Jun. 3, 2017 at 10:11 p.m.
Looking back at this option:
You submit your bid as total contract value and number of years.
The highest total contract value wins, but is then divided by the average number of years from all the bids to set the final term.
The winning team has the option of rejecting that term. The option then passes to the next highest bid.
Thornton has 4 bids:
A: $5M / 1 year
B: $14M / 7 years
C: $8M / 2 years
HOME: $12M / 3 years
B wins with a bid of $14M
The average years is 13/4 = 3.25
Average years are always rounded up.
The total bid is then divided by the number of years.
Final contract = $3.5M x 4 years
Team B may either sign that player or decline.
The next highest bid is the HOME team, who accepts.
*Winning team may increase the term by 1 year.
*Home team winning has the option of changing the term by 1 year in either direction.
In this case they choose to subtract a year.
Thornton signs with the HOME team for $3.5M x 3 years.
Tom Sestito has 3 bids. No team owns his rights:
A: $2M / 2 years
B: $3M / 2 years
C: $1.5M / 1 year
B wins with a bid of $3M
The average years is 5/3 = 1.67 (rounded up to 2)
Final contract = $1.5M x 2 years
Team B chooses to sign the player.
Marleau has 2 bids:
A: $10M / 1 year
HOME: $9M / 2 years
A wins with a bid of $10M
Average years is 3/2 = 1.5 (rounded up to 2)
Final contract = $5M x 2 years
Team A chooses to sign the player.
The HOME team chooses to match and sign the player. Team A is now "out".
The HOME team chooses to subtract a year from the term.
The HOME team signs the player
Final contract = $5m x 1 year
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What this system does, is determine a market value for the player, and set an expectation for the length of that player's contract.
Using total contract value and averaging the term, mitigates the more extreme offers on a player, and sets the players contract "demands".
It gives teams the option of withdrawing should the term be unfavorable to them (the player is demanding more than they are willing to offer).
It gives teams the option of making a longer term commitment to a player, at an already established market value.
It gives the Home team some flexibility with term, allowing them to reduce the term by a year, potentially keeping UFA's for 1 or 2 more cup runs.
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Do people feel this system functions and is representative enough of market value and contract negotiations to work with?
Try it out with your own players and let me know if you see any issues. (I don't mean issues that might prevent you from getting what you want, but issues with the system itself.
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- Waiver order would still be a final tiebreaker. This will normally be necessary to determine who gets to sign free agents with a maximum ELC contract value due to not holding an ELC previously. Each team can only bid up to $925k / year and the number of years is determined by age according to the CBA.
- If every team passes on a player's final contract terms, bids for that player would be reset and he remains a UFA.
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We could really use some feedback that makes this idea work better, as it is probably the simplest I've seen that still manages to cover the majority of our needs, while also "simulating" the contract demands of a player based roughly on market value. If you think this idea is good and we can move forward with it, leave a like or a comment or something please. I can work out the bugs and such as I identify them and try to get a system in place, but I don't want to put a lot of effort into a "dead end" and switch ideas later.