New Re-sign rubric, past contract re-sign rollback, ELC cap

[Devils GM(Colin)]

We have had some discussion about the original rubric being a bit high after a certain point. It has made it so re-signing your UFA's and RFA's is almost not a good thing as we have seen UFA's go for less. We have decided to lower it going forward as well as modify the re-sign contracts signed in the past to reflect the new rubric.

The new deals that are eligible are :  - Re-structures

                                                           - UFA re-signs from 16/17 offseason

                                                           - RFA re-signs from 17/18 off season

Does not include UFA period signings or RFA offer sheet contracts.

 

The new contracts were calculated based on the offered deal on the old scale compared to the new scale. I did not re-calculate the exact equivalent so for example you were on your second offer and maybe made it a bit higher to ensure it was accepted etc. But if you look at the new contract of one of your players and are unhappy with it or we flat out missed one please bring it to our attention. You may also notice that some of the deals do not change but I put every deal that was eligible so you don't think I missed it and If I missed any deal below 2 Million they basically don't change anyway so that might be why.

Also although it doesn't affect many of the new deals, if they were traded and had retention they are all now below the retained amount and retention on those deals will also be removed.

One more thing, we are going to institute a new ELC cap hit for amateur draftees. Pick #1 will be 2 Mil and decends to pick #50.

Here is a link to the affected contracts and also included is the new and old rubric side by side for reference and the new ELC cap hit values. The master sheets will be updated in due time.

docs.google.com/spreadsheets/d/1l0g61MFxoefaefX1g6_3ZGq_nwZfR4JexKcBbb-ItxA/edit#gid=0

One more thing ...

TRADING IS OPEN!

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