Post by Andy Barnes on Jul 13, 2012 1:11:14 GMT -5
The issue at hand is a combination of concerns about the retirement procedure and the structure of buyouts vs the salary cap structure.
Current System
Issues
Proposed System
Pro's
Con's
Ways to Address the Con's
This proposal is a rather large change to implement in the league, but in the grand scheme of things, it addresses some major concerns and would put the league in a much better position moving forward. If this is approved, it would become effective immediately and all previous buyouts/retirements would be subject to alteration under the new structure.
A mandatory league vote will be needed, with all 20 teams submitting their vote. Those teams with multiple managers, would need to come to an agreement on their vote.
** This thread will be a discussion forum for the proposal, so make sure you have a clear understanding before you make your decision. Once a vote is submitted it can not be changed. Those that vote against the proposal, it is asked that you state your concerns and discuss other options. **
Current System
- Retiring players are treated the same as any normal buyout.
- Buyouts require a 50% payment of all remaining guaranteed years, made in a one time payment during the current season.
Issues
- Teams are penalized for a retirement that was no fault of their own
- Teams end up frozen in salary cap due to the high price of buyouts and retirements
Proposed System
- Retired players would require a 50% buyout of current season and a 0% (yes zero %) buyout of all remaining seasons.
- Buyouts would be 50% of current season and 25% of all remaining seasons, overall value would be rounded to the nearest $0.50.
Pro's
- Teams would not be penalized for retiring players
- Reduced buyout rates would free up more cap space which would introduce more available money into trading and free agency
Con's
- There would be a potential loophole in free agency when bidding for players with impending retirements
- Previous buyouts would effectively penalize teams, when compared to the new structure.
- Introducing more money to the market could penalize teams that saved money during free agency.
Ways to Address the Con's
- Restructured buyouts and retirements would be back dated to affect all teams equally
- Free agency bidding on players with a retirement looming would need to be addressed.
- Introducing more money to the market would actually help the league and make it stronger in the long run.
This proposal is a rather large change to implement in the league, but in the grand scheme of things, it addresses some major concerns and would put the league in a much better position moving forward. If this is approved, it would become effective immediately and all previous buyouts/retirements would be subject to alteration under the new structure.
A mandatory league vote will be needed, with all 20 teams submitting their vote. Those teams with multiple managers, would need to come to an agreement on their vote.
** This thread will be a discussion forum for the proposal, so make sure you have a clear understanding before you make your decision. Once a vote is submitted it can not be changed. Those that vote against the proposal, it is asked that you state your concerns and discuss other options. **