Post by White Sox GM (Michael) on Dec 7, 2014 10:22:06 GMT -5
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: 13%
Two years: 17%
Three years: 23%
Four years: 33%
If you want an explanation for the odd percentages, contact Michael.
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. In other words, no front-loading or back-loading.
You are not allowed to bid more money than you have available to use. If a team has $30M available, it cannot have a winning bid of $25M on 1 player, $4M on another, and $3M on another (total: $32M) all at the same time.
You will receive a hometown discount depending on how long you have owned the player. To count as a season, you must have owned the player since Opening Day of that season.
Less than one season: 5%
1-2 seasons: 10%
3-4 seasons: 15%
5+ seasons: 20%
The minimum allowed salary per year is $0.5M.
Sign-and-trades: You will be allowed to trade free agents in the first 48 hours after signing them AS LONG AS BOTH TEAMS REMAIN BELOW THE CAP. After that time has passed, signed FA signed cannot be traded until May 1st of the year of acquisition. This only applies to off-season acquired Free Agents.
If the number of years offered is increased, the maximum percent decrease in annual salary is as follows:
One year: 13%
Two years: 17%
Three years: 23%
Four years: 33%
If you want an explanation for the odd percentages, contact Michael.
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. In other words, no front-loading or back-loading.
You are not allowed to bid more money than you have available to use. If a team has $30M available, it cannot have a winning bid of $25M on 1 player, $4M on another, and $3M on another (total: $32M) all at the same time.
You will receive a hometown discount depending on how long you have owned the player. To count as a season, you must have owned the player since Opening Day of that season.
Less than one season: 5%
1-2 seasons: 10%
3-4 seasons: 15%
5+ seasons: 20%
The minimum allowed salary per year is $0.5M.
Sign-and-trades: You will be allowed to trade free agents in the first 48 hours after signing them AS LONG AS BOTH TEAMS REMAIN BELOW THE CAP. After that time has passed, signed FA signed cannot be traded until May 1st of the year of acquisition. This only applies to off-season acquired Free Agents.
