Post by Orioles GM on Nov 15, 2009 11:58:30 GMT -5
How to bid: The team that wants to open a bid on a free agent creates a new thread under that players position. I have placed a list of the players at each specific position that you can look at. The lists may be missing a few players, if you see someone missing please PM me. Some players may be eligible for more than one position but please only post them under the position I have listed them at.
I started the outfielders one day early so we can get a general feel of how free agency will work. 24 hour clock wont start until 5:30PM EST November 16th
A signed free agent cannot be traded until May 1 of the season.
Salary Cap: Each team has a salary cap of $100M that will not increase in future seasons.
Free Agency: Any team can bid on a free agent. The team that offers the most total money is the winner. However, the yearly rate (a multi-year contract must have identical salaries in each year) must be within 20% per extra year of the next-best yearly rate that offers less total money. Example: 1 year-$8M vs. 2 years-$10M contract. The yearly rate on the 2 year deal is $5 million. However, under this system, the deal must be worth at least $6.4M ($8M times .8) annually, for a final contract of 2 years-$12.8 million. For each additional year offered above the next-best number of years, you can knock off twenty percent per year. For a 3 year deal in this structure, you'd have to offer at least $5.12M per year ($6.4M times .8) for a final offer of three years-$15.36 million. The maximum number of years offered is seven years. A player is awarded to a team after no other team has offered a higher bid amount for 24 hours. A signed free agent cannot be traded until May 1 of the season. One team can sign only three players in any one position category.
Hometown Advantage: A team that has a player reach free agency gets a hometown advantage in the bidding process. That advantage offers a 15% discount on all bids, so a bid of $10M is actually charged for $8.5M against a team at the end of the bidding process. That price is transferred in trades.
Dropping Contracts: A team that finishes in last place has the right to drop one free agent contract at the end of the year with no penalty. All other free agent contracts are guaranteed for the duration of the contract.
Waivers: All players not rostered by March 1 will automatically be placed on waivers and are eligible to be claimed by any team. One team can make three waiver claims within a single week. Free agent contracts cannot be waived, but all contracts of players in the first six years can have their contract waived with full salary relief. Any claiming team takes on their corresponding salary. For example, if you claim a sixth-year player, then you must pay him the $1.5M he is owed under the salary structure of the league.
Free Agent Compensation: Players entering free agency will be classified as Type A, Type B, and Type C free agents, and that corresponds exactly with the Elias rankings in real life. Players that are Type A free agents give compensation to their former team. To be eligible for compensation, a free agent must be signed away from their former team for a price that is higher than their previous year's salary, and the losing team must have offered at least that previous year's salary in the bidding process. When that occurs, the team losing the player will receive a sandwich pick between rounds 1-2 for a Type A free agent, and between round 3-4 for a Type B free agent. .
I started the outfielders one day early so we can get a general feel of how free agency will work. 24 hour clock wont start until 5:30PM EST November 16th
A signed free agent cannot be traded until May 1 of the season.
Salary Cap: Each team has a salary cap of $100M that will not increase in future seasons.
Free Agency: Any team can bid on a free agent. The team that offers the most total money is the winner. However, the yearly rate (a multi-year contract must have identical salaries in each year) must be within 20% per extra year of the next-best yearly rate that offers less total money. Example: 1 year-$8M vs. 2 years-$10M contract. The yearly rate on the 2 year deal is $5 million. However, under this system, the deal must be worth at least $6.4M ($8M times .8) annually, for a final contract of 2 years-$12.8 million. For each additional year offered above the next-best number of years, you can knock off twenty percent per year. For a 3 year deal in this structure, you'd have to offer at least $5.12M per year ($6.4M times .8) for a final offer of three years-$15.36 million. The maximum number of years offered is seven years. A player is awarded to a team after no other team has offered a higher bid amount for 24 hours. A signed free agent cannot be traded until May 1 of the season. One team can sign only three players in any one position category.
Hometown Advantage: A team that has a player reach free agency gets a hometown advantage in the bidding process. That advantage offers a 15% discount on all bids, so a bid of $10M is actually charged for $8.5M against a team at the end of the bidding process. That price is transferred in trades.
Dropping Contracts: A team that finishes in last place has the right to drop one free agent contract at the end of the year with no penalty. All other free agent contracts are guaranteed for the duration of the contract.
Waivers: All players not rostered by March 1 will automatically be placed on waivers and are eligible to be claimed by any team. One team can make three waiver claims within a single week. Free agent contracts cannot be waived, but all contracts of players in the first six years can have their contract waived with full salary relief. Any claiming team takes on their corresponding salary. For example, if you claim a sixth-year player, then you must pay him the $1.5M he is owed under the salary structure of the league.
Free Agent Compensation: Players entering free agency will be classified as Type A, Type B, and Type C free agents, and that corresponds exactly with the Elias rankings in real life. Players that are Type A free agents give compensation to their former team. To be eligible for compensation, a free agent must be signed away from their former team for a price that is higher than their previous year's salary, and the losing team must have offered at least that previous year's salary in the bidding process. When that occurs, the team losing the player will receive a sandwich pick between rounds 1-2 for a Type A free agent, and between round 3-4 for a Type B free agent. .