FA Bidding Rules

[Billy]

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 simply must be in multiples of $100k.� The minimum annual salary is $500k.� The minimum bid raise is $500k for a total bid less than $10m, $1m minimum raise for total bids higher than $9.9m.� Once a bid is closed, the GM must decide on a contract for the player.��
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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.�

A team can have no more than 5 winnings bids (bids that they are leading) at once. Once one bid is won or bid up then you can bid again. If you go over 5 winning bids, you will be warned of it. If you then do it again, you will be banned from bidding for a period of 24 hours (your valid bids will stand but you cannot place anymore bids for 24 hours)

Added 6/23- There is to be absolutely no editing or deleting of bids. If you place a bid, that bid is locked in unless the bid is upped or it is an illegal bid.�
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After a bid is won
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Teams have 48hrs to post roster moves to make room either for salary, roster spot or both for a winning FA bid. Time starts from when I or another commissioner post asking for corresponding move or contract.
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If a team does not make the necessary moves, the the player will go back to free agency. The team will also be assessed the cap hit associated with dropping a player of the winning bid's contract

Contracts Guidelines-
Salary range, Maximum Years

$1m or less = 2 years

$1.1m - $4.9m = 3 years

$5.0m - $9.9mm = 4 years
$10m or higher = 5 years (max years is 5)