Long Haul-A Premier Keeper League Collective Bargaining Agreement - Mock GM® 2010-11
2009-10 Salary Cap: |
$60,185,922.00
|
|
2010-11 Salary Cap: |
$62,481,749.00
|
|
2010-11 Salary Cap Threshold: |
$68,031,001.00
|
|
Luxury Tax: |
$00.67 for every dollar over the 2009-10 Salary Cap at the conclusion of the College Draft.
|
|
Max Yearly Salary Band 1 (0 - 6 years): |
$14,370,802.00 ($15,089,342.00 If Re-signed by current team)
|
|
Min Yearly Salary Band 1 (0 - 6 years): |
$468,613.00
|
|
Max Yearly Salary Band 2 (7 - 9 years): |
$14,370,802.00 ($15,089,342.00 If Re-signed by current team)
|
|
Min Yearly Salary Band 2 (7 - 9 years): |
$968,467.00
|
|
Max Yearly Salary Band 3 (10+ years): |
$20,931,386.00 ($21,977,955.00 If Re-signed by current team)
|
|
Min Yearly Salary Band 3 (10+ years): |
$1,343,358.00
|
|
Mid-Level Exception : |
$5,750,000.00
|
|
Mid-Level Exception (60%): |
$3,450,000.00
|
|
Mid-Level Exception (40%): |
$2,300,000.00
|
|
Bi-Level/Lower Level Exception: : |
$2,012,500.00
|
|
What teams get exceptions: : |
Immediately following the Long Haul-A Premier Keeper League College Prospect Draft, each teams 2010-11 payroll is calculated along with their projected rookie draft class salaries, and the 2010-11 exceptions. If that total amount is above the 2010-11 salary cap threshold, those teams will receive both league exceptions. If that total is below the new salary cap threshold, then those teams will not recieve the 2010-11 exceptions.
|
|
|