How does this work?
7I. Renegotiation
Players with more than one year remaining on their contract can have their contracts renegotiated by the team holding their rights. When a contract is renegotiated, the current year s salary get s a 10% or 300cb raise, whichever is greater, and the contract can be extended up to the standard maximum of five years.
A player with less than one year remaining on his contract can only have his contract renegotiated if he is traded to another team. Once traded, the contract can be renegotiated with a raise of 5% or 150cb to the current year salary, whichever is greater. The contract can be extended up to the standard maximum of five years.
I understand the above passage, however my question is how this works with the rookie contract escalators. Here is what I mean, if I signed L. Maroney to a 2 year deal could I turnaround and renog and bump his salary up $300 and go for five years. Is he still under the original contract for escalators. If not for $300 bucks I may have just saved a boatload in potential escalators.
Of course he could flame out and I would be worse off for giving him the increase. Just trying to figure out if we have this "loophole" covered or if is just not worth examining further.
|