Post by White Sox GM (Michael) on Dec 15, 2012 15:00:54 GMT -5
Hi all,
Here are some reminders for bidding.
When bidding, please post the total contract salary, the number of years offered, and --- if more than one year --- the yearly salary.
Also, before placing bids, please read the Free Agency rules:
Free Agency
Free Agents will be auctioned off, meaning every team has the chance to acquire a free agent. As in an auction, the highest bidder wins. However, to win the auction, your bid must stand the highest for at least 24 hours. The minimum contract length is 1 year. The maximum is 5 years.
If the number of years offered is increased, the maximum percent decrease in annual salary is as follows:
One year: 15%
Two years: 20%
Three years: 30%
Four years: 50%
If the number of years offered is decreased, the minimum percent increase in annual salary is as follows:
One year: 15%
Two years: 20%
Three years: 30%
Four years: 50%
Minimum bid increment is $0.1M. In other words, if the current bid is 2 years, $2M, the next bid must be at least 2 years, $2.1M.
Remember, the per-year salary over the life of the contract remains constant for ODC-signed players. Please keep average annual salaries at exact increments of $.1M.
Any FA signed cannot be traded until May 1st, of the year of acquisition. This only applies to off-season acquired Free Agents.
You will recieve a hometown discount depending on how long you have owned the player:
1 year: 5%
2-3 years: 10%
4-5: 15%
6+: 20%
Thank you.
Here are some reminders for bidding.
When bidding, please post the total contract salary, the number of years offered, and --- if more than one year --- the yearly salary.
Also, before placing bids, please read the Free Agency rules:
Free Agency
Free Agents will be auctioned off, meaning every team has the chance to acquire a free agent. As in an auction, the highest bidder wins. However, to win the auction, your bid must stand the highest for at least 24 hours. The minimum contract length is 1 year. The maximum is 5 years.
If the number of years offered is increased, the maximum percent decrease in annual salary is as follows:
One year: 15%
Two years: 20%
Three years: 30%
Four years: 50%
If the number of years offered is decreased, the minimum percent increase in annual salary is as follows:
One year: 15%
Two years: 20%
Three years: 30%
Four years: 50%
Minimum bid increment is $0.1M. In other words, if the current bid is 2 years, $2M, the next bid must be at least 2 years, $2.1M.
Remember, the per-year salary over the life of the contract remains constant for ODC-signed players. Please keep average annual salaries at exact increments of $.1M.
Any FA signed cannot be traded until May 1st, of the year of acquisition. This only applies to off-season acquired Free Agents.
You will recieve a hometown discount depending on how long you have owned the player:
1 year: 5%
2-3 years: 10%
4-5: 15%
6+: 20%
Thank you.
