Post by CC06 on Nov 25, 2020 11:15:36 GMT -5
Stretch the remaining money in a player's contract out for a duration longer than the current contract to soften the cap hit in the remaining year(s) of the contract. Money will be distributed evenly among the stretched years. This immediately releases the player from your roster, and they do not go through waivers. Expiring contracts are ineligible if this is done during the regular season.
- If a player is stretched during the season, the player is paid as normal for the remainder of the season, and then the remaining salary will be paid within twice the remaining years of the contract, plus one, or within 7 years, whichever is smaller.
- If a player is stretched during the off-season, the remaining salary will be paid within twice the remaining years of the contract, plus one, or within 7 years, whichever is smaller.
Post below if you want to use the stretch provision on any player. All stretch players will have to sit as free agents for 24 hours following the processing of the release, just like any other waived player. The time in which they hit free agency will be included in the 'PROCESSED' post.
- If a player is stretched during the season, the player is paid as normal for the remainder of the season, and then the remaining salary will be paid within twice the remaining years of the contract, plus one, or within 7 years, whichever is smaller.
- If a player is stretched during the off-season, the remaining salary will be paid within twice the remaining years of the contract, plus one, or within 7 years, whichever is smaller.
Post below if you want to use the stretch provision on any player. All stretch players will have to sit as free agents for 24 hours following the processing of the release, just like any other waived player. The time in which they hit free agency will be included in the 'PROCESSED' post.