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+----- Thread: Transactions 101 (/showthread.php?tid=407)
Transactions 101 - Ace - 06-28-2020
Free Agency
Rules
Auction threads must have the player's full name and his position. Please also include their real life team for prospects or in cases where major leaguers have non unique names (such as Luis Garcia).
When a player is won the topic will be pinned and you can post a contract. If you fail to do this then a flat contract at the maximum permissible years will be given. All salaries and signing bonuses are to be in multiples of 100,000.
To open the 2024 season, there is a staggered FA process.
Week 1 (beginning 26 February) the minimum starting bid for a player is 20m
Week 2 (beginning 4 March) the minimum starting bid is 3.3m, or PC + 2.7m
Week 3 (beginning 11 March) open free agency.
For week 3 only, there will be a limit of 5 player threads started per GM, to help keep the FA process manageable for tracking bids and cap space, and for the admins in processing transactions. You may bid on as many players as you wish, but may only start the bidding on 5 players.
All bids are for the total contract value. The minimum starting bid is 300k, which is one year at league minimum salary.
- For contracts of up to 19.9m, subsequent bids must be at least 100k higher.
- For contracts between 20m and 49.9m - at least 500k higher than previous bid
- For contracts between 50m and 99.9m - at least 1m higher than previous bid
- For all contracts over 100m - at least 2m higher
If your roster is full then you can expedite the player's addition in-season by either dropping someone first or posting a conditional drop within your bid.
The commissioner may rule a player ineligible for FA under exceptional circumstances - eg pending criminal charges/suspension for drugs or domestic violence.
Trades
Rules
One team posts the specifics of the trade including all contracts, cash exchanges (money already paid on a player as well as any new payments being made) and details of any draft picks. The other team will then confirm and league members can vote to approve or veto. Don't forget to explain your motivation for making the deal.
Releasing Players
Rules
Standard release penalties are assumed unless you post that you are performing a buyout, which can be used to accelerate more of the hit to earlier years.
The commissioner may delay the release of a player in-season in order to maintain league integrity.
Promotions/Demotions and IL
Rules
You perform these yourself on fantrax. You must have the requisite cap room for your promotions and any demoted players must be eligible for the minors. You must post that you have done this on the boards or else message the commissioner (unless the move is for one period only) so that the rosters spreadsheet remains accurate.
You don't have to post when placing a player on the IL but must make sure to activate him again once he is healthy.
Extensions
Rules
Deadline reminders will be sent out via group PM. Use ctrl+f on the rankings pages to easily find your player's extension value. Remember that there are discounts available if the player is on a prospect contract.