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Final Version - Amendment # 8 – Eliminate $10mil cap on salaries << Previous thread | Next thread >>
Moderators: noodles, KRFL-BayCity, mark, MarkB
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Inverness
Thu Apr 10 2014, 09:53p.m.
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Impacted Rule(s): 16.9

Proposed Change: Eliminate the $10M cap on salaries and make all players subject to the salary escalation provisions of rules 16.7 and 16.8 (+$1M for contracts of 4 years or less, +$1.5M for contracts of 5 years or more). Conditions: (1) No initial salary can exceed $10M. (2) There is a $10M maximum salary cap penalty for any player cut with a salary over $10M, regardless of remaining years on their contract. (3) The new salaries will take effect next year (2015). (4) Any coach with a player impacted by this change (player current salary is $10M with years remaining or will hit $10M during the current contract) will have a one-time opportunity this year (2014) to modify/reduce the length of that player’s contract without penalty.

Explanation: It makes no sense to have to pay another $1M or $1.5M every year for a player like Riley Cooper when players like Brady or Witten continue indefinitely with no salary increase. This change will make more high quality players available to the league as free agents because it will be more difficult to hoard players. The conditions allow for a reasonable transition from current contracts and the salary cap penalty maximum will hopefully prevent a team from crashing because of a huge salary cap fine upon cutting a high value player. The escalation is no different than what everyone else pays.
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MarkB
Thu Apr 10 2014, 11:46p.m.
Mark Blume

Registered Member #81
Joined: Mon Oct 14 2013, 08:54a.m.

Posts: 1986
I agree with this proposal.

[ Edited Thu Apr 10 2014, 11:47p.m. ]
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mark
Sat Apr 12 2014, 11:53a.m.
Registered Member #45
Joined: Wed May 05 2010, 11:29p.m.

Posts: 831
cleveland endorses
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Hawks
Sun Apr 13 2014, 09:25a.m.
Guest

Alabama endorses.
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