New contracts are 2 years now?

[seanmeg]

all players unless nearly retirement age get 3 yr contracts unless you leave the player out of contract until new season starts,then they only get a two yr contract

[cookizzz]

all players unless nearly retirement age get 3 yr contracts unless you leave the player out of contract until new season starts,then they only get a two yr contract

Do the players who are out of contract at season end leave the team on day 1 of new season? Or they will still keep in the roster and await for re-signing or releasing as free agent? I have not encountered this for a very long time so I hope to be clarified, thanks.