MLS - renewing contract with leader/ star player

[Invisible Witness]

Managing TFC in MLS and my leader/captain Michael Bradley's contract is set to expire at the end of the year. I'd like offer him a new contract but I can only offer up to 2.86M a year (he's making over 5M a year) . His response is that I can not meet his contract demands. I got 2 questions here:

1) How can I offer him more than 2.86M ? My wage budget remaining is 5.77M .

2) How about a "hometown discount" feature in FMM ? In real life Michael Bradley took a pay cut this year to stay with TFC.  What if we had this feature in FMM for players with high loaylty,leadership?

Here is a link to his story:

https://www.google.com/amp/s/www.cbc.ca/amp/1.5392782

Edited December 30, 2019 by Invisible Witness

[James Akintayo]

The board will set a limit on wages based on their perceived value of the player, to prevent you from overpaying/spending your whole wage budget on one player.

If you are struggling to sign a player due to wage budget restrictions you can try offering the player something else in return, such as a higher squad status, low release fee or a sizable signing on fee.