Post by Bengals GM Burkhart on Mar 8, 2021 23:36:48 GMT -5
Extension Rule:
We are going to allow every GM to offer an Extension Contract to ONE player each season who has at least ONE YEAR left on their contract. They must have at least ONE year left on their contract. The Extension contract may add up to 3 YEARS on a player's current contract. A player may not ever exceed a 5 YEAR contract. Players can only be extended twice. You may only use your Contract Extension in the off-season just like the Franchise Tag and Contract Buyout. The Extension will cost 150% of the player's last year of current contract unless the players contract is less than the minimum price for their position.
Players on a RFA contract can be extended as long as they have at least one year remaining before reaching RFA status. Also, if they are extended then they lose their RFA status.
2024 Extension Prices:
QB - 20M per year or 150% of last year of previous contract if over 13M
RB - 13M per year or 150% of last year of previous contract if over 9M
WR - 15M per year or 150% of last year of previous contract if over 10M
TE - 12M per year or 150% of last year of previous contract if over 8M
PK - 7M per year or 150% of last year of previous contract if over 5M
LB - 11M per year or 150% of last year of previous contract if over 8M
DE - 9M per year or 150% of last year of previous contract if over 6M
DT - 8M per year or 150% of last year of previous contract if over 5M
CB - 8M per year or 150% of last year of previous contract if over 5M
S - 9M per year or 150% of last year of previous contract if over 6M
*THESE PRICES ARE SUBJECT TO CHANGE*
Example:
John Doe (DAL-QB) $10,000,000 (2018)
I choose to offer John my extension that adds 3 more years to his current deal. 150% of $10,000,000 is $15,000,000 which is more than $5 Million so his new deal is:
John Doe (DAL-QB) $10,000,000 (2018) $15,000,000 (2019), $15,000,000 (2020), $15,000,000 (2021) UFA
*Franchise Tagged players are not eligible for an extension.*
We are going to allow every GM to offer an Extension Contract to ONE player each season who has at least ONE YEAR left on their contract. They must have at least ONE year left on their contract. The Extension contract may add up to 3 YEARS on a player's current contract. A player may not ever exceed a 5 YEAR contract. Players can only be extended twice. You may only use your Contract Extension in the off-season just like the Franchise Tag and Contract Buyout. The Extension will cost 150% of the player's last year of current contract unless the players contract is less than the minimum price for their position.
Players on a RFA contract can be extended as long as they have at least one year remaining before reaching RFA status. Also, if they are extended then they lose their RFA status.
2024 Extension Prices:
QB - 20M per year or 150% of last year of previous contract if over 13M
RB - 13M per year or 150% of last year of previous contract if over 9M
WR - 15M per year or 150% of last year of previous contract if over 10M
TE - 12M per year or 150% of last year of previous contract if over 8M
PK - 7M per year or 150% of last year of previous contract if over 5M
LB - 11M per year or 150% of last year of previous contract if over 8M
DE - 9M per year or 150% of last year of previous contract if over 6M
DT - 8M per year or 150% of last year of previous contract if over 5M
CB - 8M per year or 150% of last year of previous contract if over 5M
S - 9M per year or 150% of last year of previous contract if over 6M
*THESE PRICES ARE SUBJECT TO CHANGE*
Example:
John Doe (DAL-QB) $10,000,000 (2018)
I choose to offer John my extension that adds 3 more years to his current deal. 150% of $10,000,000 is $15,000,000 which is more than $5 Million so his new deal is:
John Doe (DAL-QB) $10,000,000 (2018) $15,000,000 (2019), $15,000,000 (2020), $15,000,000 (2021) UFA
*Franchise Tagged players are not eligible for an extension.*