Some Big Names on The free agent market
2019 Franchise League Free Agency
The Franchise League free agency period will begin this Saturday (1/5/19) at 10 pm eastern. Please go out to the forum before Saturday to make sure you can log in. If you have forgotten your user id or password, let me know and I can provide your id and reset your password. Below are the free agency rules, these are also posted on the Free Agent forum. Please read them over and let Mike or I know if you have any questions.
1. All teams are eligible to participate, but can not make a bid or obtain a player if it sends them over the salary cap.
2. When making a bid, be very clear. State your team, the number of years being offered, total money and yearly salary. Example: Cleveland Indians offer 2 years, $10 million ($5 million per season).
3. To trump a current bid, you must MATCH or EXCEED the number of years offered AND EXCEED the amount of money per season already offered.
4. Teams can offer an "option" year. It counts as 0.5 of a year when deciding what team gets a player. Example: a two-year contract + option would beat a two-year offer. It would not beat a three year offer. Option years can NOT be offered on one year deals. Teams are also now responsible to pay half the salary for that year if they decline the option when it comes to fruition.
5. When a bid has been the leading bid for 24 hours, the team will be awarded the player. Greg or Mike will lock the thread. Regardless of whether the thread has been locked, once the 24 hours has been exceeded, that player can not be bid upon.
6. We have contract minimums. Due to problems in the past, to offer a certain amount of years to a player, you must also offer a certain amount of money. The longer the contract, the more money you need to offer. These are minimums to offer, regardless if another team has made another offer. Bids should be made in $100,000 increments after the initial bid.
1 year = $400,000 per season
2 years = $1 million per season
3 years = $2 million per season
4 years = $3 million per season
5 years = $4 million per season
6 years = $5 million per season
7 years = $6 million per season
In the past we have had people make unrealistic contract offers (ie, 5 year, $400k per season). Hopefully, this will alleviate these unrealistic contracts.
PENALTY FOR OVER BIDDING if an owner goes over their available money at any point, all of their active bids are immediately void and they’re are issued a 24 hour penalty where they are not allowed to bid.
Reminders
1. It is each team's responsibility to keep track of your own available cap space. Greg and Mike monitor the free agent boards, but they also have lives. It is impossible to see everything. Keep track of your available cap space and the amount of money you have committed to winning bids. You are not allowed to bid more money in free agency than you have in available cap space.
2. IF YOU MAKE A MISTAKE IN BIDDING: Report it to Mike and Greg, yourself. Do NOT delete your own bid. That is not fair to other teams. Once they think they are outbid, they may move on to another player. If you delete a bid, without notice, it can create problems for other teams that have followed the rules correctly.
3. IF YOU SEE SOMEONE ELSE VIOLATING THE BIDDING PROCESS: Report it to Mike and Greg. Do not fill the free agency boards with questions, comments and conversations. It only makes our job more difficult.
The Franchise League free agency period will begin this Saturday (1/5/19) at 10 pm eastern. Please go out to the forum before Saturday to make sure you can log in. If you have forgotten your user id or password, let me know and I can provide your id and reset your password. Below are the free agency rules, these are also posted on the Free Agent forum. Please read them over and let Mike or I know if you have any questions.
1. All teams are eligible to participate, but can not make a bid or obtain a player if it sends them over the salary cap.
2. When making a bid, be very clear. State your team, the number of years being offered, total money and yearly salary. Example: Cleveland Indians offer 2 years, $10 million ($5 million per season).
3. To trump a current bid, you must MATCH or EXCEED the number of years offered AND EXCEED the amount of money per season already offered.
4. Teams can offer an "option" year. It counts as 0.5 of a year when deciding what team gets a player. Example: a two-year contract + option would beat a two-year offer. It would not beat a three year offer. Option years can NOT be offered on one year deals. Teams are also now responsible to pay half the salary for that year if they decline the option when it comes to fruition.
5. When a bid has been the leading bid for 24 hours, the team will be awarded the player. Greg or Mike will lock the thread. Regardless of whether the thread has been locked, once the 24 hours has been exceeded, that player can not be bid upon.
6. We have contract minimums. Due to problems in the past, to offer a certain amount of years to a player, you must also offer a certain amount of money. The longer the contract, the more money you need to offer. These are minimums to offer, regardless if another team has made another offer. Bids should be made in $100,000 increments after the initial bid.
1 year = $400,000 per season
2 years = $1 million per season
3 years = $2 million per season
4 years = $3 million per season
5 years = $4 million per season
6 years = $5 million per season
7 years = $6 million per season
In the past we have had people make unrealistic contract offers (ie, 5 year, $400k per season). Hopefully, this will alleviate these unrealistic contracts.
PENALTY FOR OVER BIDDING if an owner goes over their available money at any point, all of their active bids are immediately void and they’re are issued a 24 hour penalty where they are not allowed to bid.
Reminders
1. It is each team's responsibility to keep track of your own available cap space. Greg and Mike monitor the free agent boards, but they also have lives. It is impossible to see everything. Keep track of your available cap space and the amount of money you have committed to winning bids. You are not allowed to bid more money in free agency than you have in available cap space.
2. IF YOU MAKE A MISTAKE IN BIDDING: Report it to Mike and Greg, yourself. Do NOT delete your own bid. That is not fair to other teams. Once they think they are outbid, they may move on to another player. If you delete a bid, without notice, it can create problems for other teams that have followed the rules correctly.
3. IF YOU SEE SOMEONE ELSE VIOLATING THE BIDDING PROCESS: Report it to Mike and Greg. Do not fill the free agency boards with questions, comments and conversations. It only makes our job more difficult.
