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+----- Thread: Free Agency (/showthread.php?tid=34)
Free Agency - Laimbeer40 - 05-24-2020
Free Agency Period
Free agency will open up on a determined DATE. Free agency will close at the start of the playoffs. That means no more new player bids once Week 13 comes around.
Bidding
- A bid on a player is considered closed and final when 48 hours has passed since the last bid.
- All bids are for the amount of the total contract.
- Bids must be in multiples of $100k.
- The minimum annual salary is $400k.
- Once a bid is closed, the GM must decide on a contract for the player.
Minimum bid raises:
Less than $5.0m = $200k min raise
Between $5.1m and $9.9m = $500k min raise
$10.0m and over = $1.0m min raise
$50.0m and over = $5.0m min raise (New for 2022 season)
A manager does not have to have the roster space or cap space to bid on a player. This is due to the non-guaranteed contracts utilized in this league, a manager can make a couple quick moves to get under the roster limit and salary cap to take on their new free agent signing.
After a bid is won:
Teams have 72hrs to post roster moves to make room either for salary, roster spot or both for a winning FA bid. (Clock starts from the time we ask for contract or corresponding roster move)
If a team does not make the necessary moves, the team will be assessed the bonus cap hit associated with dropping a player of the winning bid's contract. The player will then go back into the FA pool.
RE: Free Agency - Laimbeer40 - 08-27-2021
Rule Update
==================
After a bid is won:
Teams have 72hrs to post roster moves to make room either for salary, roster spot or both for a winning FA bid. (Clock starts from the time we ask for contract or corresponding roster move)
If a team does not make the necessary moves, the team will be assessed the bonus cap hit associated with dropping a player of the winning bid's contract. The player will then go back into the FA pool.
*In a case where a player would be a free drop, the winning team cannot decline to sign. They would need to have the cap and/or roster space to sign and drop.
If a team does not make the necessary moves, the team will be assessed the bonus cap hit associated with dropping a one year contract equal to the winning bid. The player will then go back into the FA pool
New For 2022
------------------
Players signed to a 1 year deal will be designated as a UFA the following season.
RE: Free Agency - Laimbeer40 - 07-26-2023
Free Agency Period
Free agency will open up on a determined DATE. Free agency will close at the start of the playoffs. That means no more new player bids once Week 13 comes around.
Bidding
- A bid on a player is considered closed and final when 48 hours has passed since the last bid.
- All bids are for the amount of the total contract.
- Bids must be in multiples of $100k.
- The minimum annual salary is $400k.
- Once a bid is closed, the GM must decide on a contract for the player.
Minimum bid raises:
Less than $5.0m = $200k min raise
Between $5.1m and $9.9m = $500k min raise
$10.0m and over = $1.0m min raise
$50.0m and over = $5.0m min raise (New for 2022 season)
A manager does not have to have the roster space or cap space to bid on a player. This is due to the non-guaranteed contracts utilized in this league, a manager can make a couple quick moves to get under the roster limit and salary cap to take on their new free agent signing.
After a bid is won:
Teams have 72hrs to post roster moves to make room either for salary, roster spot or both for a winning FA bid. (Clock starts from the time we ask for contract or corresponding roster move)
If a team does not make the necessary moves, the team will be assessed the bonus cap hit associated with dropping a player of the winning bid's contract. The player will then go back into the FA pool.
RE: Free Agency - Laimbeer40 - 07-26-2023
Rule Update
==================
After a bid is won:
Teams have 72hrs to post roster moves to make room either for salary, roster spot or both for a winning FA bid. (Clock starts from the time we ask for contract or corresponding roster move)
If a team does not make the necessary moves, the team will be assessed the bonus cap hit associated with dropping a player of the winning bid's contract. The player will then go back into the FA pool.
*In a case where a player would be a free drop, the winning team cannot decline to sign. They would need to have the cap and/or roster space to sign and drop.
If a team does not make the necessary moves, the team will be assessed the bonus cap hit associated with dropping a one year contract equal to the winning bid. The player will then go back into the FA pool
New For 2022
------------------
Players signed to a 1 year deal will be designated as a UFA the following season.
New For 2023
-----------------
You may no longer decline to sign a player. Any new signings must stay on your roster for at least one week. (Exceptions can be made during the season in the case of an injury to said player)