WTF! If this is true, then it is scam to get more of the in-game money from you as now you pay the extortion(bonus) every 2 instead of 3 years. Its a significant amount = $87M for me and it was only 8 players.

if this is NOT true and signing on the 2nd day is for 3 years, then this is one of those small bugs that they need to fix.
Also they need to fix signing a youth player on Day 1 should be 18 years and not 19 years.