Carlisle keeper Matty Glennon says the new deal he was offered was unacceptably low.
Glennon was unhappy with the contract offer
"I could not pay my mortgage with what I was being offered," Glennon told the News & Star newspaper.
"I found it amazing that I was being asked to take a 40% wage cut after we'd won promotion.
"I'd talked to manager Paul Simpson about taking a cut if we remained in the Conference but we had never agreed on that figure."