Player trade question

[Coach Aub]

I read the rules again but I want clarification regarding a recent trade I made before the draft and its subsequent trade deadline. The one player that did not have to have a contract extension was Gerald Sensabaugh. The team I traded had another year left on the contract (until 2010). I failed to assign a contract, but by default, I inherited his contract. Since I just got him and its 2009, shouldn't I just be charged one year of cap room from my roster? Right now, he is using 2 years of cap but I did not have him in 2008. I think I should only be charged one year. Can you guys give me some feedback?

[Musesboy]

When you trade for a player, you automatically get his existing contract. You can never reduce a contract.

You can increase it if you announce it within a week of the trade, at a cost of 20 bucks per year added.

The new owner carries all that dead weight for every trade we ever make.

[Coach Aub]

O.K. I have not been in that situation w/ a player before. Thanks for the info.