Post by RADL Commissioner on Mar 28, 2013 23:57:26 GMT -5
Constitution:
docs.google.com/document/d/1ZfSFplMmjaaDGhSxYM5PoWdat3dyKqD-FNhh8rBk4io/edit?hl=en&pli=1
3.2 April 1st - 7th: Tax Free Week and Trading Opens
a. Teams may cut any player without incurring a cap hit, limits apply. Teams may cut more than two players this week and the two highest salaried players will automatically be considered the exempt player(s) without other instructions.
b. Any player waived outside this period results in at least a 25% hit for the remainder of their contract.
c. Teams are limited to two tax free waivers.
d. Tax free waivers do not accrue in subsequent years if unused.
3.3 April 1st - 7th: Contract Extensions
a. Vested NFL players, in the last year of their RADL contract as of March 1st, may be signed to contract extensions by their current RADL team.
b. The premium for this is a 25% increase over their current cap figure.
c. The minimum term of an extension is 4 years but can be up to 6 years.
d. The extension voids the final year of the current contract and the clock starts on the new contract with the associated cap increase.
e. Any player not extended simply plays out their final year of their contract and becomes an unrestricted free agent the following March 1st. Unless they are franchise tagged.
3.4 April 1st - 7th: Franchise Tags
a. Vested veterans on RADL rosters with an expired contract may be franchised now.
b. Teams are limited to 2 franchise players per year.
c. Owners may choose from 3 franchise tags. Tier 1, 2, and 3. Up to 2 per season.
d. Owners simply announce to the commissioner they wish to franchise a player or players and which tier they’re applying. The league confirms the player is eligible and applies and announces the tag.
e. Available franchise tags: docs.google.com/document/d/1tED5PRivahLhbIOzPfrNBGllavOfCIYNINW9A4rUJ_k/edit
docs.google.com/document/d/1ZfSFplMmjaaDGhSxYM5PoWdat3dyKqD-FNhh8rBk4io/edit?hl=en&pli=1
3.2 April 1st - 7th: Tax Free Week and Trading Opens
a. Teams may cut any player without incurring a cap hit, limits apply. Teams may cut more than two players this week and the two highest salaried players will automatically be considered the exempt player(s) without other instructions.
b. Any player waived outside this period results in at least a 25% hit for the remainder of their contract.
c. Teams are limited to two tax free waivers.
d. Tax free waivers do not accrue in subsequent years if unused.
3.3 April 1st - 7th: Contract Extensions
a. Vested NFL players, in the last year of their RADL contract as of March 1st, may be signed to contract extensions by their current RADL team.
b. The premium for this is a 25% increase over their current cap figure.
c. The minimum term of an extension is 4 years but can be up to 6 years.
d. The extension voids the final year of the current contract and the clock starts on the new contract with the associated cap increase.
e. Any player not extended simply plays out their final year of their contract and becomes an unrestricted free agent the following March 1st. Unless they are franchise tagged.
3.4 April 1st - 7th: Franchise Tags
a. Vested veterans on RADL rosters with an expired contract may be franchised now.
b. Teams are limited to 2 franchise players per year.
c. Owners may choose from 3 franchise tags. Tier 1, 2, and 3. Up to 2 per season.
d. Owners simply announce to the commissioner they wish to franchise a player or players and which tier they’re applying. The league confirms the player is eligible and applies and announces the tag.
e. Available franchise tags: docs.google.com/document/d/1tED5PRivahLhbIOzPfrNBGllavOfCIYNINW9A4rUJ_k/edit