NEW FA SIGNING RULE

[pex]

To all GMs, I believe that we need a better rule for the FA signings. I am part of another GM Fantasy League which is also forum-based and I find their FA Signing rule better than what we have here. Here they are:

MAXIMUM CONTRACTS

The maximum contract that can be offered to a player during free agency is 6 conferences.

RESTRICTED FREE AGENTS

Every year, every player with an expiring contract will be considered a Restricted Free Agent. Each team will have the option to sign all Restricted Free Agents to contract extensions. Other GMs could offer a longer contract length with a higher salary based on the ERA to the player and the owner would be given 1 week to match the said offer.

All players not re-signed will be released into the Free Agency pool.

UNRESTRICTED FREE AGENTS BIDDING

GMs will post the initial bid on a player. There will be a maximum of 10 players on the board at a time. If 10 players are on the board, all other offers will be deleted.

The initial bid on each player will be at 1 month and $250,000 based on the players ERA. Each bid there-after will be made in 1 week and a minimum of $100,000 increments and can increase or decrease by 1 week or a minimum of $100,000 per bid. Any bid not meeting this criteria will be considered void, and Moderators will edit your bid to reflect that it is void. The maximum value for any contract offer is 6 conferences.

e.g.

First bid - 1967-68 Neil Johnson $239,000 @ 1 month
Second bid - 1966-67 Neil Johnson $$338,330 @1 month

If your bid puts you over the salary cap, then you will not be allowed to have that player. You will also face a penalty from the league. Penalties will be 25% of the salary cap. You will be required to immediately deduct this amount from your salary cap for the current season.

Once an initial bid has been made on a player, the player will remain on the board for 24 hours. This 24 hour period will be reset with each new bid. After 24 hours of inactivity in bidding, the player will be under contract of the team with the highest bid.


SNIPING RULE

Any free agent that is signed may not be waived or traded before the end of the round. Only after the current round will a team be able to waive or trade a free agent signing. Anyone who breaks this rule will lose their first round pick for the next season, as well as have their salary cap reduced by $500k for the next 3 seasons. In addition, a violating team will not be allowed to make any trades for the following season.

[mjrealm]

how about contract extensions? The 2 player-limit for restricted free agents is big. Teams should be able to resign a player before their expiration. Or allow all GMs to arrange their contracts again.

[pex]

here is the old rule that we had....

RESTRICTED FREE AGENTS: All players whose contracts have expired are considered RESTRICTED FREE AGENTS for 1-week after the contract expiration. Within this 1-week period, other GMs can try to acquire the player by offering a contract length and sent over to the league COMMISSIONER via PM. If the original team fails to match the said contract length, then the player goes to the team who offered the longest playing contract.

Now, if the new FA signing rule wins out, we could put this one in it. So what will happen is that all players with expiring contracts becomes RESTRICTED FREE AGENTS. Other GMs could offer a longer contract length with a higher salary based on the ERA to the player and the owner would be given 1 week to match the said offer.

For the second question, I guess it's a no. In the spirit of competitiveness, we are not allowing mid-season contract modifications.

[bananaboy]

hmm if this new FA rule was implemented at the start of the season, i would have signed some of my players to longer contracts.

I suggest all GMs first be allowed to modify their existing contracts, and then we implement the new FA rule

[pex]

hmmm....interesting....

but take note, the rule for re-signing those players basically did not change at all.....

OLD RULE

RESTRICTED FREE AGENTS: All players whose contracts have expired are considered RESTRICTED FREE AGENTS for 1-week after the contract expiration. Within this 1-week period, other GMs can try to acquire the player by offering a contract length and sent over to the league COMMISSIONER via PM. If the original team fails to match the said contract length, then the player goes to the team who offered the longest playing contract.

NEW RULE

RESTRICTED/UNRESTRICTED FREE AGENTS

Every year, every player with an expiring contract will be considered a Restricted Free Agent. Each team will have the option to sign all Restricted Free Agents to contract extensions. Other GMs could offer a longer contract length with a higher salary based on the ERA to the player and the owner would be given 1 week to match the said offer.

All players not re-signed will be released into the Free Agency pool.


......comparing both rules, they are basically the same in the aspect of re-signing your current players once their contracts expires since other GMs could still make offers that you should match in 1 week's time.

[bananaboy]

let me clarify the new rule:

for example, I have 1966 Wilt for $5M, 3 seasons.

totnak offers to get 1966 Wilt for also $5m but for 6 seasons.
pepman offers to get Wilt but the 1967 version, which has a higher salary of $7M, for only 3 seasons.

which one wins? which one would i have to match in order to retain Wilt?

[pex]

following the new rule, pepman's offer is invalid....note that the rule states the following:

Other GMs could offer a longer contract length with a higher salary based on the ERA to the player and the owner would be given 1 week to match the said offer.

technically, pepman's offer, although it has a higher salary, it doesn't conform with the longer contract length clause.....in this case, you need to match totnak's offer to retain Wilt.....