One of the most important decisions keeper and dynasty league owners face comes when it's time to extend a player once their entry-level contract is up. Too often owners just apply a vague rule of thumb ("three years for hitters, two for pitchers") and head to the draft table with a roster core that isn't maximizing its profit potential, when with a little thought they could tighten up that core in ways that would give them a solid edge on their competition.
Here are the steps I go through when deciding who to lock up, and for how long:
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