Post by New York Mets on Mar 12, 2024 18:37:36 GMT -6
Reminder that FA Tier 1 closes on 3/17 at 9 PM CST; FA Tier 2 closes on 3/24 at 9 PM CST; FA Tier 3 closes on 3/31 at 9 PM CST; FA Tier 4 closes on 4/7 at 9 PM CST.
E. Free Agency Process
At the end of every season, players not under contract would be added to a tiered Free Agency list. The maximum contract length a team can offer is 4 years with minimum bid increments of $100K (all salaries are in $100K increments). Teams must include the years and annual value in their bid. Increasing the years would not improve the offer. At the end of the bidding period, the player will be awarded to the team with the team who offered the highest annual value. A team who re-signs a player will have a 25% hometown discount applied to their winning bid. A player signed in Free Agency cannot be traded until July 1st.
For our inaugural Free Agency, players have been scheduled into 3 tiers with 1 tier being bid on each week--opening on Monday and closing at 9 PM Central on Sunday.
If the last bid on a player was by 8:50 PM CST on Sunday night, then the player would close at 9:00 PM CST. If there's a bid at 8:51 PM CST, then the bidding will close at 9:01 PM CST if there are no other bids by that time. If there's a bid at 8:59 PM CST, then the bidding will close if there are no other bids by 9:09 PM CST. We go by timestamps of the posts on the forum and there is also now a live clock. As a reminder, you can put in several bids on a player--not just one. In order to improve your offer from another team's and be the highest bidder, you have to bid at least 100K more than the previous offer. You have to specify the years, but you can offer 1, 2, 3, or 4 years. The financial amount you're offering in your bid is the annual amount of the contract.
Teams will be able to bid on someone even if they're at 50 players. However, they'll need to get under immediately if they win the player because that would take them over the limit. Teams can also bid more than the money they currently have available, but they would also need to get under the salary cap within an hour if they win the player and that takes them over the salary cap.
PLEASE DO NOT DELETE OR EDIT ANY POSTS IN THE BIDDING FORUMS! If you make a mistake, you need to leave the original post and create a new reply.
At the end of every season, players not under contract would be added to a tiered Free Agency list. The maximum contract length a team can offer is 4 years with minimum bid increments of $100K (all salaries are in $100K increments). Teams must include the years and annual value in their bid. Increasing the years would not improve the offer. At the end of the bidding period, the player will be awarded to the team with the team who offered the highest annual value. A team who re-signs a player will have a 25% hometown discount applied to their winning bid. A player signed in Free Agency cannot be traded until July 1st.
For our inaugural Free Agency, players have been scheduled into 3 tiers with 1 tier being bid on each week--opening on Monday and closing at 9 PM Central on Sunday.
If the last bid on a player was by 8:50 PM CST on Sunday night, then the player would close at 9:00 PM CST. If there's a bid at 8:51 PM CST, then the bidding will close at 9:01 PM CST if there are no other bids by that time. If there's a bid at 8:59 PM CST, then the bidding will close if there are no other bids by 9:09 PM CST. We go by timestamps of the posts on the forum and there is also now a live clock. As a reminder, you can put in several bids on a player--not just one. In order to improve your offer from another team's and be the highest bidder, you have to bid at least 100K more than the previous offer. You have to specify the years, but you can offer 1, 2, 3, or 4 years. The financial amount you're offering in your bid is the annual amount of the contract.
Teams will be able to bid on someone even if they're at 50 players. However, they'll need to get under immediately if they win the player because that would take them over the limit. Teams can also bid more than the money they currently have available, but they would also need to get under the salary cap within an hour if they win the player and that takes them over the salary cap.
PLEASE DO NOT DELETE OR EDIT ANY POSTS IN THE BIDDING FORUMS! If you make a mistake, you need to leave the original post and create a new reply.
