Bidding Rules

RFA Bidding Rules
All the players will be listed in their own threads. Owners will place their bid in that thread.
When placing your bid it must contain the avg. annual salary, amount of years and points based off our table and the amount of cap space your team has. It should look like this.

25M AAS 5 years 150 points
cap space 50M
Any bid not containing this information will be illegal.
In order to trump previous bid in a one year deal you must beat the bid by one point, in multiple year deals by 2 points all according to our bidding table

The Minimum bid amount is 500k and max 25M
The minimum amount of years is 1 max 5
Since we have a max bid if more than one team bids the max we will have a signing bonus to award the player. Each team will be notified and have to send a pm to the commissioner containing their offer for signing bonus. If there is a tie in signing bonus the player will be awarded to the team with worst finishing position from previous season.

In order to be the highest bidder your bid must not be topped for 24 hours, once the 24 hours has passed the restricting owner then has 24 hours to match the offer to keep the player. All bids are binding.
Once it becomes official where the player will be going the winning team will have 24 hours to announce the contract breakdown. The rules for contract breakdown are as follows: you can only go up or down 20% of the AAS. You may add CO on to the end of contracts that are multiyear deals. One year deals you can only add 1 club option year. Remember only 5 years is allowed so in a 3 year deal you can add on two CO years. When adding on CO it must be 20 % higher than the AAS.
If it becomes a problem where people keep bidding at the last minute the 24 hour standing bid time will be decreased.

No OWNER IS ALLOWED TO BID MORE THAN THEY HAVE IN AVAILABLE CAP. Your bid will be rejected.
IF a owner continually bids over their cap after they have been warned they will not be able to bid for 24 hours.
You may however bid on players if you have no roster space but in your bid you must note that you will conditionaly drop so and so if player won.