1. Max number of years on an offer is 6 years.
2. Signing bonus must be divisible by the number of years and end with either 250k, 500k, 750k, or 000k.
3. The max signing bonus cannot exceed the year 1 base salary times the number of years on the deal.
4. You really only have to bid on a player once. That gets you into the bidoff over the last 2 days. If you keep upping the bids during this initial period it just makes a lot more work for me.
5. Check all of your bids here to make sure they are correct and have been added. If they are not there within 24 hours, send me a PM.
Remember to make your bids look like this just so it's easier for me....
3-year deal with a $1,500,000 signing bonus (bonus equally divisible by the number of years & ends with 250k, 500k, 750k, or 000k)
Year 1 Base Salary $750,000
Year 2 Base Salary $1,000,000
Year 3 Base Salary $2,000,000
Year 1 cap hit is $1,250,000
Total salary is $5,250,000
To explain the cap hit, it is the Year 1 base salary plus the 1 season average of the signing bonus. To figure how much bonus to apply to each year of the deal, I divide the bonus amount by the number of years. The bonus is $1,500,000 on a 3-year deal. So in this case the bonus equals $500,000 per season. Add the $500,000 to the year 1 base of $750,000 and my cap hit is now $1,250,000 for this player.
6 year deal with a $24,000,000 signing bonus
Year 1 base Salary $8,000,000
Year 2 base salary $9,500,000
Year 3 base salary $11,750,000
Year 4 base salary $14,000,000
Year 5 base salary $16,500,000
Year 6 base salary $19,750,000
Year 1 cap hit is $12,000,000
Total salary is $103,500,000
Base salary (8 million) + Prorated signing bonus (24 million/6) = Year 1 cap hit (8 million + 4 million = 12 million)
PLEASE put all your bids in the format of these 2 examples, including the Year 1 cap hit and total salary. It will make it much easier on everyone as they decipher your bids.