Is it correct that the limits on annual increases and decreases of no more than 10% apply only to the 2nd and subsequent years of the new contract? And that the increase we can offer for 2101 can exceed 110% of what the player was paid last year?
Example: Garreth Pollock earned 230K in 2100. His new owner can offer him $10M for 2101, and then a range of $9M - $11m IN 2102.