2022-23 Important Dates and Reminders

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Important Dates:
November 20 December 9 - Keeper deadline
January 2 - 2023 payment deadline
January 2 - Trading reopens
January 9 January 30 - Draft begins
February 17 (tentative) - Free Agency begins
August 27 - trade deadline and prospect extension deadline
August 28 - Start of playoffs
August 31 - Buyout deadline for current year cap


Reminder on Keeper rules:
you can carryover 35 MLB and 20 Minors per season.

• Keepers must be declared by November 20 this year�
  
  
  
• Any players with salaries over $5m per year will carry penalties if not kept to prevent over inflating salaries or offering long-term deals to older players or those not worth of contract.�
  
  
• Contracts between 5.1-8.0m per year will carry cap hits of $2m per year for the length of the contract if not kept.��
  
  
• Contract over between 8.1-12m per year will carry cap hits of $3m per year
  
  
• Contracts over 12.1m per year will carry cap hits of $5m per year for duration of contract
  

When determining salary for drop/cap hit please average the remaining years (not including options).
example- John Smith has 3 years left at 4,8,9 million per year. �Those equal $21m which would come out to $7m per year or a cap hit of $2m for each of the 3 years to drop/not keep him.

Please also decide on any contract options listed on players for the 2023 season. �

Extensions:
Since we are entering 2023, for offseason extensions, you'll use the last two season (2021 and 2022).�