Post by White Sox GM (Michael) on Jan 19, 2013 15:29:31 GMT -5
For those who aren't familiar with IFA, here are the rules:
International Free Agents (IFAs)
Bids on IFAs will be in terms of a lump-sum up-front payment. The team must pay the bid amount in the current year and then the IFA will follow the regular prospect rules. Thus, if a team bids $10M for an IFA, the $10M must be paid to the IFA immediately, and no more money will be due until the IFA is promoted to the major leagues, when he will be paid $0.3M like other prospects. When trading IFAs in their first seasons with a team, the posting fee will not be traded. If you pay $20M for the rights to a player, you are responsible for the $20M even if the player is traded. The team the player is traded too would just be responsible for the minimal MLB salary ($.3M) or nothing at all (if the player is a prospect). If a team signs an IFA who does not agree to a deal with an MLB team that season, the team loses the rights to the IFA but still must pay the posting fee.
Teams may sign up to 2 IFAs without penalty. Additional IFAs will cost the team draft picks as indicated below:
3 - 5th round pick
4 - 5th and 4th
5 - 5th and 3rd
6 - 5th and 2nd
7 - 5th and 1st
8 - 5th, 4th, 1st
9 - 5th, 3rd, 1st
10 - 5th, 2nd, 1st
11 - 5th, 4th, 3rd, 1st
12 - 5th, 4th, 2nd, 1st
13 - 5th, 4th, 3rd, 2nd, 1st
If a team does not have the correct picks to surrender, they will not be allowed to sign over 2 IFAs.
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The league consensus has said for awhile to get rid of surrendering picks. Mainly, it is a cause of problems because a lot of teams don't have many picks.
Instead, Alex's alternative is a cash penalty, put in place in the following season (if you signed three IFAs now, the penalty would be put into place in 2014, for example). The penalty would grow with the number of IFAs signed. Maybe it'd look like this:
3 signed - $0.5M penalty
4 signed - $1M penalty
5 singed - $2M penalty
6 signed - $3M penalty
7 signed - $4.5M penalty
and so on.
Please contribute any ideas that you have on this. Thank you!
International Free Agents (IFAs)
Bids on IFAs will be in terms of a lump-sum up-front payment. The team must pay the bid amount in the current year and then the IFA will follow the regular prospect rules. Thus, if a team bids $10M for an IFA, the $10M must be paid to the IFA immediately, and no more money will be due until the IFA is promoted to the major leagues, when he will be paid $0.3M like other prospects. When trading IFAs in their first seasons with a team, the posting fee will not be traded. If you pay $20M for the rights to a player, you are responsible for the $20M even if the player is traded. The team the player is traded too would just be responsible for the minimal MLB salary ($.3M) or nothing at all (if the player is a prospect). If a team signs an IFA who does not agree to a deal with an MLB team that season, the team loses the rights to the IFA but still must pay the posting fee.
Teams may sign up to 2 IFAs without penalty. Additional IFAs will cost the team draft picks as indicated below:
3 - 5th round pick
4 - 5th and 4th
5 - 5th and 3rd
6 - 5th and 2nd
7 - 5th and 1st
8 - 5th, 4th, 1st
9 - 5th, 3rd, 1st
10 - 5th, 2nd, 1st
11 - 5th, 4th, 3rd, 1st
12 - 5th, 4th, 2nd, 1st
13 - 5th, 4th, 3rd, 2nd, 1st
If a team does not have the correct picks to surrender, they will not be allowed to sign over 2 IFAs.
---
The league consensus has said for awhile to get rid of surrendering picks. Mainly, it is a cause of problems because a lot of teams don't have many picks.
Instead, Alex's alternative is a cash penalty, put in place in the following season (if you signed three IFAs now, the penalty would be put into place in 2014, for example). The penalty would grow with the number of IFAs signed. Maybe it'd look like this:
3 signed - $0.5M penalty
4 signed - $1M penalty
5 singed - $2M penalty
6 signed - $3M penalty
7 signed - $4.5M penalty
and so on.
Please contribute any ideas that you have on this. Thank you!
