Post by Glenn-Philadelphia on Aug 8, 2015 9:57:51 GMT -5
RFA test bidding is now open. Test bidding has been set iwth minimum bids of 1M dollars. This will be changed to 8M when we start the process for real Wednesday night. I encourage all GMs to give it a try by entering some test bids to make sure they understand the process.
I have added the code that limits your bids to the compensation required from winning the bids. In the past owners could bid on as many players as they wanted and the bids were reviewed to make sure that they didn't use the same comp picks for multiple players. The site won't allow this to happen now and GMs will get a message stating picks not available if they try to do so. If this happens, you can click the clear bids button and start over.
After a few days RFA test bidding will be turned off and round 1 will officially open (minimum bids 8M). Round 1 bidding will end Thursday night at 8:00 PM EST.
Please review the rules from the rulebook listed here:
On the appointed start day for RFA I will turn on the process and you will have an opportunity to bid on Restricted Free Agents (RFA) with minimum bids required for the first round of 8M per year. This first phase will complete on the following night at 8:00 PM EST at which point in time bidding will be disabled and bids, if any, will be reviewed to determine high bidders and this information will be posted. Teams who have had players bid on will then have 24 hours to decide if they will keep the player (by matching 90% of the highest bid or 90% of the players asking price, whichever is higher [note, if the player was a RFAI the percentage to match will be 75%]). This review for teams will need to be completed by 8:00 PM EST on the second day after the round opened at which point the next phase of RFA will continue with minimum bids of 6M with a closing of the bidding portion 24 hours later and then another 24 hours for owners to decide what to do with players that have been bid upon. These 2 day phases will continue for each of the 7 salary groupings as listed here:
$8M
$6M
$4.5M
$3M
$1.5M
$1M
$600k
Some notes to remember regarding RFA:
1) The bid you make for a player in this phase will be exactly what you need to pay the player. If you make a bid for 10M and someone decides not to match, you are on the hook for 10M (contingent to some minor savings for signing the player for a longer term contract).
2) If you bid on your own players you do not receive the 10% or 25% discount to match. The price bid is the price they will be paid. By doing this you risk driving up the cost on a player who you will have a chance to match. The benefit is once he is bid on and acted upon, he will not be available in later rounds (see bullet 5 below).
3) Your bid needs to be at minimum, the player’s asking price.
4) You must have your own draft picks in order to make a selection that will require forfeiting those draft picks if you win. Code has been added to the site that keeps you from bidding on more players than allowed based on the draft picks in compensation you may or may not have. This also means that you might only be able to bid on one player especially during these higher rounds.
5) Any player that is brought into play by being bid on by at least one player in a round will be off of the table for later rounds after the players current owner decides to match or take the compensation. This means that if a playeris bid upon by a few GMs in the first round of RFA, once the highest bidder is determined and the player's owner decides what to do with him, his fate is sealed. He will not be available to bid on in round 2 and later.
6) GMs cannot exceed their salary cap to match a RFA.
7) RFAI players can be retained for 90% of asking price or 75% of the max bid on them whichever is higher.
8) Bidding on your own players does not require draft pick compensation and the code is smart enough to allow you to do as many of these as you like along with any number of additional picks that you would do normally for other players RFAs.
Post any questions you have regarding the process here.
Thanks and good luck,
Glenn
I have added the code that limits your bids to the compensation required from winning the bids. In the past owners could bid on as many players as they wanted and the bids were reviewed to make sure that they didn't use the same comp picks for multiple players. The site won't allow this to happen now and GMs will get a message stating picks not available if they try to do so. If this happens, you can click the clear bids button and start over.
After a few days RFA test bidding will be turned off and round 1 will officially open (minimum bids 8M). Round 1 bidding will end Thursday night at 8:00 PM EST.
Please review the rules from the rulebook listed here:
On the appointed start day for RFA I will turn on the process and you will have an opportunity to bid on Restricted Free Agents (RFA) with minimum bids required for the first round of 8M per year. This first phase will complete on the following night at 8:00 PM EST at which point in time bidding will be disabled and bids, if any, will be reviewed to determine high bidders and this information will be posted. Teams who have had players bid on will then have 24 hours to decide if they will keep the player (by matching 90% of the highest bid or 90% of the players asking price, whichever is higher [note, if the player was a RFAI the percentage to match will be 75%]). This review for teams will need to be completed by 8:00 PM EST on the second day after the round opened at which point the next phase of RFA will continue with minimum bids of 6M with a closing of the bidding portion 24 hours later and then another 24 hours for owners to decide what to do with players that have been bid upon. These 2 day phases will continue for each of the 7 salary groupings as listed here:
$8M
$6M
$4.5M
$3M
$1.5M
$1M
$600k
Some notes to remember regarding RFA:
1) The bid you make for a player in this phase will be exactly what you need to pay the player. If you make a bid for 10M and someone decides not to match, you are on the hook for 10M (contingent to some minor savings for signing the player for a longer term contract).
2) If you bid on your own players you do not receive the 10% or 25% discount to match. The price bid is the price they will be paid. By doing this you risk driving up the cost on a player who you will have a chance to match. The benefit is once he is bid on and acted upon, he will not be available in later rounds (see bullet 5 below).
3) Your bid needs to be at minimum, the player’s asking price.
4) You must have your own draft picks in order to make a selection that will require forfeiting those draft picks if you win. Code has been added to the site that keeps you from bidding on more players than allowed based on the draft picks in compensation you may or may not have. This also means that you might only be able to bid on one player especially during these higher rounds.
5) Any player that is brought into play by being bid on by at least one player in a round will be off of the table for later rounds after the players current owner decides to match or take the compensation. This means that if a playeris bid upon by a few GMs in the first round of RFA, once the highest bidder is determined and the player's owner decides what to do with him, his fate is sealed. He will not be available to bid on in round 2 and later.
6) GMs cannot exceed their salary cap to match a RFA.
7) RFAI players can be retained for 90% of asking price or 75% of the max bid on them whichever is higher.
8) Bidding on your own players does not require draft pick compensation and the code is smart enough to allow you to do as many of these as you like along with any number of additional picks that you would do normally for other players RFAs.
Post any questions you have regarding the process here.
Thanks and good luck,
Glenn
