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Post by Boston GM (Hextalls) on Mar 15, 2021 8:16:43 GMT -5
Free Agency tags
A few GMs already proposed that we should be able to bid on our own tagged players.
Pros :
- Tags are becoming a real advantage as it should be (IMO)
- Gives the owner a chance to beat a contract he doesn't like or doesn't fit with his cap structure.
- Prevent another GM to go on a vendetta against another GM and make stupid bids on his player
Cons:
- I don't see any personaly, but I'd be happy to hear other thougths.
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Post by Canucks GM & Co-Commish (Tony) on Mar 15, 2021 10:00:23 GMT -5
Free Agency tags A few GMs already proposed that we should be able to bid on our own tagged players. Pros : - Tags are becoming a real advantage as it should be (IMO) - Gives the owner a chance to beat a contract he doesn't like or doesn't fit with his cap structure. - Prevent another GM to go on a vendetta against another GM and make stupid bids on his player Cons: - I don't see any personaly, but I'd be happy to hear other thougths. After discussing the above suggestion, the rules committee has made the following change to the Team Tagging Rule: As the team tagging a UFA, you still are not allowed to bid on your own tagged player. However, if you choose to match the highest bid on your tagged player, you can pay a 10% fee on top of total contract value to restructure the deal. No more than 3 years can be added to the contract signed by the other team and the max the the contract can last for is 6 years total... Players over 35 no more than 3 years as outlined in the rules for signing a UFA. Example:
Capitals tag Alex Ovechkin. The Bruins then sign Ovechkin for 1 year @ 12M.
The Capitals accept the contract and after the 10% restructure fee the total contract value becomes 13.2M. This can be divided however the Capitals would like.
4 years x $3.3M = $13.2m total
3 years x $4.4M = $13.2m total
2 years x $6.3 = $13.2m total
Because the contract was signed for one year and you can not restructure for more than three years, Washington could not restructure this into a 5 or 6 year contract.We came to this decision as we felt that by allowing tagging teams to bid on their own players, they could drive up the price on their own player knowing they have no intention on signing him, going on a vendetta against another GM. Similar to the concern Boston GM (Hextalls) had. We also feel this gives the tagging team some flexibility in structuring the contract years and cap hit to better fit their team. |
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