Brooklyn Nets
Post by Josh Barber on Jun 23, 2014 9:38:10 GMT -5
Franchise Five - 'Bird Rights'
A team is given the 'Bird Rights' to one of their players if that player has not changed teams for three seasons or more. Bird Rights allow teams to exceed the salary cap when re-signing players. In order to use bird rights, a GM must elect to receive those bird rights at the beginning of the offseason that the player becomes eligible (see below for more explanation).
A team is given the 'Bird Rights' to one of their players if that player has not changed teams for three seasons or more. Bird Rights allow teams to exceed the salary cap when re-signing players. In order to use bird rights, a GM must elect to receive those bird rights at the beginning of the offseason that the player becomes eligible (see below for more explanation).
- If a player is lost to free agency and signed again by a team, the teams Bird Rights to that player are forfeit.
- A player may be re-signed for contracts up to 6 years in length using Bird Rights.
- A team possesses the bird rights to a player if that player has 3 years left on their contract when they join the team.
- Real-life time spent with the team carries over into F5. If you have not traded away a player and they have played for your team for at least 3 seasons you will still have their Bird Rights.
- At the beginning of each offseason, a GM will be able to elect which players he or she wishes to exercise bird rights on. If a GM chooses to exercise bird rights benefits, the team will be subject to a salary cap hold (see below). If a GM chooses not to exercise bird rights benefits, the team will not be subject to a salary cap hold.
Cap Holds
- At the beginning of each offseason, a GM will be able to elect which players he or she wishes to exercise bird rights on.
- If a GM chooses to exercise bird rights, the team will be subject to a salary cap hold.
- Cap Holds are as follows: 100% of the player's previous year salary
Cap Holds will count against the salary cap only during the offseason in which the GM elects to exercise bird rights on a player.
- Cap Holds are removed from a team's salary cap when the respective player signs a contract with a team.
The purpose of cap holds is to mitigate the possibility of a team gaining an unfair advantage by signing bird rights players after already signing other free agents with available cap room.