Can existing contracts be extended?
A six or seven year contract can be extended when at least four years have passed since the signing of the contract. A four or five year contract can be extended when at least three years have passed since the signing of the contract. Contracts for fewer than four seasons may not be extended. A contract which has already been extended can be extended again after three years. A rookie scale contract for a first round draft pick (see question number 38) may be extended from August 1 to October 31 of the player’s fourth (option) season, provided the team had previously picked up the option for that season. Rookie scale contracts may be extended for up to six seasons beyond the player’s fourth (option) season, bringing the total contract length to seven seasons. All other extensions are limited to six seasons minus the seasons remaining on the current contract. For example, a contract with two seasons remaining may be extended for up to four additional seasons. The salary in the first year
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- Can existing contracts be extended?
