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Post by Elephanti! on Mar 11, 2020 16:49:00 GMT -5
It doesn't make any sense that team options increase the value of a contract. It is a concession that the player makes so it should decrease the overall value.
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Post by Arizona on Mar 11, 2020 16:49:58 GMT -5
It doesn't make any sense that team options increase the value of a contract. It is a concession that the player makes so it should decrease the overall value. Agree wholeheartedly...
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Post by BrewCrewGuru on Mar 11, 2020 17:11:03 GMT -5
I'll put it on the list of things to review. It probably needs a thorough rewrite.
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Post by Pirates GM on Mar 11, 2020 21:15:41 GMT -5
When did that start??? I’ve intentionally not been giving options, because they always decreased a contract’s value.
JIm
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Post by Deleted on Mar 11, 2020 21:28:41 GMT -5
But if you have a 1 yr 10 mil offer vs a 1 yr 10 mil with an option the player is guaranteed the 10 mil plus the buyout so his 1 year guarantee is higher with the option than the offer without
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Post by Elephanti! on Mar 11, 2020 22:49:40 GMT -5
But it's under the team's discretion whether to pick up the option or not, so while he is guaranteed slightly more money, the team decides whether it's more beneficial to retain him or not. If it were a mutual option with a buyout, it would make sense to give it slightly more value since the player has agency to terminate the contract, but that's obviously impossible.
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Post by Pirates GM on Mar 12, 2020 5:21:06 GMT -5
Jeff = all the points
When was this changed? Feels like something the league should've known about on the whole.
JIm
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Post by Deleted on Mar 12, 2020 6:07:52 GMT -5
- The Bidding Spreadsheet will be altered to give more preference to options rather than less preference like it currently does. So if you have an old copy of the Bidding Spreadsheet, you can scrap it and a new one will be sent out after we finish working on it. It is a much longer post encompassing all changes, but was most definitely announced to the league.
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Post by Pirates GM on Mar 12, 2020 6:13:21 GMT -5
Huh. Yup. There it is.
Thanks Hayes,
JIm
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Post by Deleted on Mar 12, 2020 6:20:41 GMT -5
but everything is at the discretion of the team. the GM has all the control. I am always for change, but...
think of the convoluted calculators that other leagues have going on. damn its too much.
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Post by Elephanti! on Mar 12, 2020 7:31:49 GMT -5
Yes, that's the point. The option is a tangible benefit to the team, they either:
A. Retain the player at his current salary which means they expect him to outperform the money he is set to receive. OR B. Terminate the contract and pay the buyout, which means that they expect the player to underperform the money he is set to receive by at least the buyout amount.
So the player gets the worse end of the deal in any situation. The reverse is true for a player's option. The way options are valued by the calculator right now completely ignores opportunity cost.
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Post by Deleted on Mar 12, 2020 7:39:09 GMT -5
so kill options.
give the player the year, or don't. done.
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Post by BrewCrewGuru on Mar 12, 2020 9:29:47 GMT -5
so kill options. give the player the year, or don't. done. There's real value to the game having options/buyouts. I haven't run any numbers yet. Possibly the answer is have the option year be nerf'd. Option years should count against the contract value, making you pay more per year to add the option AND the buyouts should probably be 20% instead of 10%. That's the direction I would move towards. It would push up the value of speculative signings for both younger players without a track record and older players you're trying to milk the last bit of usefulness from.
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Post by KC Royals Nate on Mar 12, 2020 9:53:49 GMT -5
One thought I had with options is that they could be yes or no, but all of them should be vesting. If a player is used over a threshold number of PAs or IP because he has a good projection one year, his option should automatically vest. This would give the player some protection that would be more realistic; if he performed well one season, he’s not getting dumped because his real life performance dumped his projection.
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