The Homestead Grays have announced the first two of several expected re-signings today, by announcing the decision to re-sign LF Delmon Young to a 2 year contract @ $2 and LF/RF Travis Snider to a 4 year contract @ $6.
LF/RF Travis Snider, @ $7 (4) 7 + 4 = 11 / 2 = 5.5 --> $6
LF Delmon Young, @ $1 (3) 1 + 3 = 4 / 2 = $2
Young and Snider are among a list of players the Grays need to make decisions on, ahead of the league's September 1st Restricted Free Agent Deadline.
C Mike Napoli, 1B James Loney, LF Manny Ramirez, CF/RF Josh Hamilton, and RF Corey Hart all need to be re-signed before September 1st, in order to prevent giving other teams an opportunity to make bids to the restricted free agents.
Any player who's contract is expiring at the end of this season must be re-signed prior to September 1st, 2010. Failure to do so, allows the player to be exposed as a restricted free agent for a period of ten days (September 1st - September 10th). During this period, other teams may make bids to the restricted free agent. Dollar bids must use the averaged future cost of the free agent (always in green) as the low point. IE if the manager has the option to re-sign a player for $15, teams must make their bids for AT LEAST $15. After the Restricted Free Agent Period ends (September 11th 12:00 AM), managers will have ten days to decide whether or not to match offers for their restricted free agents. If they wish to match, they must do so before September 20th @ 12:01 AM.
Keeper signings are due by October 4th @ 12:01 AM.
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