Overall Contract Value (OCV)

[Celtics GM (Jose)]

For multiyear contracts, OCV is calculated like this:

OCV = 1.X * Avg Salary
Where X=2*Years of Salary

For 1 Year contracts – OCV = Avg Salary
For 2 Year contracts – OCV = 1.4*Avg Salary
For 3 Year contracts – OCV = 1.6*Avg Salary
For 4 Year contracts – OCV = 1.8*Avg Salary

There’s a Salary Calculator online (link in League Tools), in which you have 3 options:

    - Years of Salary and Average Salary
    - Years of Salary and Year 1 Salary
    - Years of Salary and Overall Contract Value

And the file gives you all the remaining info in all 3 cases.

Some Examples:

    1 Year – Avg Salary 5M – OCV = 5
    2 Year – Avg Salary 4M – OCV = 5.6
    3 Year – Avg Salary 3.5M – OCV = 5.6
    4 Year – Avg Salary 3M – OCV = 5.4

    1 Year – Avg Salary 8M – OCV = 8
    2 Year – Avg Salary 6.M – OCV = 8.4
    3 Year – Avg Salary 5M – OCV = 8
    4 Year – Avg Salary 4.5M – OCV = 8.1

    1 Year – Avg Salary 15M – OCV = 15
    2 Year – Avg Salary 11M – OCV = 15.4
    3 Year – Avg Salary 9.5M – OCV = 15.2
    4 Year – Avg Salary 8.5M – OCV = 15.3

    1 Year – Avg Salary 20M – OCV = 20
    2 Year – Avg Salary 14.5M – OCV = 20.3
    3 Year – Avg Salary 12.5M – OCV = 20
    4 Year – Avg Salary 11.5M – OCV = 20.7