Post by sjrand on Jan 5, 2007 11:17:37 GMT -5
Since the web site is down:
Free Agency
Free agents may be signed at any time during the regular season.
Bidding on free agents is closed from the end of the regular season until the next announced free agent period; usually soon after file turn over to BBM's FA period.
Free Agent bidding will take place on the Discussion Board. The bidding for a player is over when 24 hours have gone by without another owner posting a higher legal bid.
If an owner has the top bid for 24 hours, he gets that player.
This goes by the time stamp of the message board post.
Format:
- Thread name is the Player name Spelled Correctly to avoid confusion
- In the text box: Team name, salary, number of years, total salary
(i.e.: Padres bid 500k x 4 years, total 2M
- The total salary of each bid must exceed the total salary of the previous bid by no less than $100,000 PER YEAR.
- All bids must exceed the previous bid by no less than $100,000 per season regardless of the number of years being offered.
- The bid must also have a higher total value than the last bid.
For instance: If a bid is 500k per year by 4 years for a total of 2 million, the next legal bid can be 600k x 4, 5, 6, or 7 years.
A bid of 500k x 5, 6, or 7 years is not legal even though it increases total contract value because it would not add 100k to the per season offer.
For example:
Team 1 opens with: $300k x 4 years, total $1.2M
Then Team 2 counters with: $400k x 5 years, total $2M.
That is a legal bid because it adds 100k per season and has a higher total value.
If Team 1 then counters with: $400k x 6 years, total $2.4M, that is not
a legal bid because it does not add the required 100k per season.
Or if Team 1 counters with: $500k x 4 years, total $2M, that is not a legal bid because it does not exceed the total contract value of the last bid.
But if Team 1 counters with: $800k x 4 years, total $3.2M, that is a legal bid because it adds the required 100k+ per season and has a higher total value.
- The rule that every bid must be 100k higher per season (year) is meant to discourage owners from winning players simply by making contracts longer than is logical for that player.
It is not in the best interests of teams, or of the league, for free agents to get contracts that extend beyond the number of years that player can reasonably be expected to remain effective.
- Contracts may be for 7 years or less and no contract may extend past a player age of 45.
- Any one year contract can not be re-negotiated until September 1st of that year (to avoid high 1 year bids that the owner immediately re-negotiates with the player for a lower contract when he wins the player).
- Withdrawal of Bids
If an owner withdraws his bid, all offers made by him will be deleted and the high bid will be reset to the last unanswered high bid. An owner withdrawing his bid my not bid on that same player again in the current FA period.
- Collusion: Collusion is defined as two or more owners entering into an agreement where one withdraws his bid to lower the price of the free agent, theoretically allowing the other owner to sign the player for less.
There are currently no rules against this since there's no guarantee the other owner involved will be able to sign the player.
NOTE: Free agents are not eligible for contract buy downs in their first season with the signing team.
Free Agency
Free agents may be signed at any time during the regular season.
Bidding on free agents is closed from the end of the regular season until the next announced free agent period; usually soon after file turn over to BBM's FA period.
Free Agent bidding will take place on the Discussion Board. The bidding for a player is over when 24 hours have gone by without another owner posting a higher legal bid.
If an owner has the top bid for 24 hours, he gets that player.
This goes by the time stamp of the message board post.
Format:
- Thread name is the Player name Spelled Correctly to avoid confusion
- In the text box: Team name, salary, number of years, total salary
(i.e.: Padres bid 500k x 4 years, total 2M
- The total salary of each bid must exceed the total salary of the previous bid by no less than $100,000 PER YEAR.
- All bids must exceed the previous bid by no less than $100,000 per season regardless of the number of years being offered.
- The bid must also have a higher total value than the last bid.
For instance: If a bid is 500k per year by 4 years for a total of 2 million, the next legal bid can be 600k x 4, 5, 6, or 7 years.
A bid of 500k x 5, 6, or 7 years is not legal even though it increases total contract value because it would not add 100k to the per season offer.
For example:
Team 1 opens with: $300k x 4 years, total $1.2M
Then Team 2 counters with: $400k x 5 years, total $2M.
That is a legal bid because it adds 100k per season and has a higher total value.
If Team 1 then counters with: $400k x 6 years, total $2.4M, that is not
a legal bid because it does not add the required 100k per season.
Or if Team 1 counters with: $500k x 4 years, total $2M, that is not a legal bid because it does not exceed the total contract value of the last bid.
But if Team 1 counters with: $800k x 4 years, total $3.2M, that is a legal bid because it adds the required 100k+ per season and has a higher total value.
- The rule that every bid must be 100k higher per season (year) is meant to discourage owners from winning players simply by making contracts longer than is logical for that player.
It is not in the best interests of teams, or of the league, for free agents to get contracts that extend beyond the number of years that player can reasonably be expected to remain effective.
- Contracts may be for 7 years or less and no contract may extend past a player age of 45.
- Any one year contract can not be re-negotiated until September 1st of that year (to avoid high 1 year bids that the owner immediately re-negotiates with the player for a lower contract when he wins the player).
- Withdrawal of Bids
If an owner withdraws his bid, all offers made by him will be deleted and the high bid will be reset to the last unanswered high bid. An owner withdrawing his bid my not bid on that same player again in the current FA period.
- Collusion: Collusion is defined as two or more owners entering into an agreement where one withdraws his bid to lower the price of the free agent, theoretically allowing the other owner to sign the player for less.
There are currently no rules against this since there's no guarantee the other owner involved will be able to sign the player.
NOTE: Free agents are not eligible for contract buy downs in their first season with the signing team.