Interested in starting a keeper basketball league

[THAY3R]

Can you keep a guy on the injured list after he comes back?

[ClarkNasty]

No. It's not a "bonus roster spot". It's for Elton Brand types.

[EPiPeN11]

Can one of you describe how the offseason goes. How are free agents bidded on? I assume they go to the highest bidder?

I assume if you are over the cap you can't bid on free agents and probably have to do sign and trades right?

How is the draft lotto done? What are the percentages? When do we draft for the rookies each year?

Can teams match any offer for their free agents? How does it work? Any more info you wanna put in is cool too.

(Sorry if some of this was covered, I only skimmed over the thread).

[THAY3R]

Clark posted the constitution, answers pretty much all of your questions.

[EPiPeN11]

[ QUOTE ]
Clark posted the constitution, answers pretty much all of your questions.

[/ QUOTE ]

What page is it on.

[MEbenhoe]

[ QUOTE ]
Can one of you describe how the offseason goes. How are free agents bidded on? I assume they go to the highest bidder?

I assume if you are over the cap you can't bid on free agents and probably have to do sign and trades right?

How is the draft lotto done? What are the percentages? When do we draft for the rookies each year?

Can teams match any offer for their free agents? How does it work? Any more info you wanna put in is cool too.

(Sorry if some of this was covered, I only skimmed over the thread).

[/ QUOTE ]

XII. Bird Rights, Roster Protection and Salaries/Contracts
Once a player has played 4 years under an existing contract (meaning R4s, C4s, and M4s), the team in current possession of that player accrues “Bird Rights” in him. At the start of each offseason (generally early June), NBN teams will be required to make contract decisions on all “Bird Rights” players: either guarantee that player’s salary for the following season, or permit him to become a FA (while retaining Bird Rights for FA bidding purposes).
“Guaranteed” Bird Rights players: Bird Right players who’s contracts have been guaranteed may still be traded, but they may not be released for any cap benefit. (They may be released, but their salary will continue to count against the releasing team’s salary cap.) Their salary for the following year is determined according to normal NBN salary rules (eg. C4s become C5s with a +$2M salary, M4s become M5s with that season’s max salary, R4s become M5s with a max salary).

“Free Agent” Bird Rights players: Teams who release a Bird Rights player to FA in June retain Bird Rights in that player through the FA process. Bird Rights in a FA have a cap value equal to the salary that player would have had if he had been retained and his salary guaranteed. (For instance, if a team releases an R4 to the FA pool, that player’s Bird Rights for FA would remain with that team, but until FA, they would be treated as having a cap value of a max salary.) Those Bird Rights may be traded subject to normal NBN trading regulations (and with their presumed salary value – meaning that the R4 who was released has a max salary for trade purposes). Teams may also renounce Bird Rights at any time in order to clear cap space for trades and/or FA bidding.

Roster Protection: The day after each summer’s NBN Draft, each team will be required to submit to the Commissioner a roster of those players it will be retaining for the following season. Teams are required to retain its 1st Round draft pick(s) as well as any Bird Rights player who was retained earlier that summer. Any other player on a team’s roster may at that point be released to free agency. Teams may retain up to 19 players (a full roster of 12 active players, 4 on the reserve list and 3 on the developmental roster), and must retain a minimum of 5. Once a team has submitted its Protected Roster, the salaries of all retained players become guaranteed and will count against that team’s Opening Day cap figure, although they may still be traded subject to the normal trading/cap rules.

A player’s salary for the coming season is a factor of his contract status and time with his current team.
Drafted Players: Drafted players are not entitled to raises in any of the 4 seasons of their initial 4-year Rookie Contract (denoted as R1 through R4), so they may be retained during that time period at the same salary. However, a team is under no obligation to retain him for any portion of that period – if not protected (or if waived beforehand), the drafted player becomes a normal free agent and loses his status under the 4-year contract. Once a player has played out his full 4 years under the Rookie Contract, a team may either retain him at a max salary or permit him to become a free agent.

Contract Players: Players who are playing under normal contracts (Cx) may be retained from year-to-year indefinitely. However, with each season they remain with their team, they require a modest pay raise which is directly related to their time of service: C1/2: +1.0M, C3/4: +2.0M, C5/6: +3.0M. For example, if you signed Joe Airball last season as a free agent for $1.7M, he would have been a C1, $1.7M throughout last season. If you wanted to keep him for the following year, his new salary would be $2.7M as a C2. If your association with Joe continued, he would earn the following salaries: $3.7M in year 3 (C3), $5.7M in year 4 (C4), $7.7M in year 5, $10.7M in year 6, and finally $13.7M in year 7 (or the max, whichever is lower). A player’s salary is increased in accordance with this rule immediately after the end of the NBN Championship Game of any given season (this is important for the purpose of off-season trades).
Max Players: Players who are playing under max contracts (Mx) may be retained from year-to-year indefinitely. While they aren’t entitled to annual raises per se, the value of a max contract will increase over time in proportion to the Salary Cap. The max salary is fixed at 25% of the salary cap for that season.

XIII. Summer Free Agency Period
The four-week period immediately following the Rookie Draft/Roster Protection weekend will be the Summer Free Agency Period. During this time, teams will compete in a bidding process for all free agents. This pool of free agents will be composed of both players who weren’t on NBN teams at the end of the previous season, as well as players which were waived either during the off-season or as a consequence of not being protected by their former team.

BIDDING RIGHTS

Teams that are below the Salary Cap are free to bid any amount on any player up to, but not exceeding, the amount they are under the Salary Cap. (Of course, a team also not bid any more than the Max salary.)

All teams, including those which are over the Salary Cap, are entitled to a “Mid-Level Exception”. This cap Exception may not be combined with available cap room (or anything else), although it may be split up and used to sign multiple players. The amount of this exception will be communicated to all owners prior to the start of the Summer Free Agency Period, and will be based on an average of the NBA “Mid-Level Exception” and the NBA “Million Dollar Exception” (currently $4.9M and $1.5M, respectively). For the 2003 off-season, the amount would have been around $3.2M. Teams are required to designate with their bids when/if they are using their Mid-Level Exception or some portion of it. Other than that Exception, however, a capped-out team may only bid the league minimum salaries on players. (Note: while all teams are entitled to the Mid-Level Exception, if a team is under the cap by more than the amount of the Mid-Level Exception, they realistically receive no benefit from it since they have that cap room anyway. To put it another way, the Mid-Level Exception is NOT in addition to existing cap space, it is en lieu of existing cap space.)

Every submitted bid is considered a contract offer. As such, a team may not bid more than their available cap room in any given bidding period. (eg. Team A, with $20M in cap room, could bid $12M on Player A and $8M on Player B, but it could not bid $11M on both of them.)
Teams with Bird Rights in a FA may bid any amount on that player. Once a FA with Bird Rights has been signed (either by his former team or a new team), then his Bird Rights are eliminated. (This means that if Team A released a former R4 and retained his Bird Rights – valued at a max salary – then resigned him for $8.0M, then the max salary would be replaced on that team by the player’s actual salary. Likewise, if that player signed with another team, then the Bird Rights – and the max salary – would be stricken from his former team’s roster/cap.)

SUMMER FREE AGENCY SCHEDULE/PROCESS
The weeks of the Summer Free Agency Period are divided up according to the bids which may be made to players during each week:

-Week 1: Only bids of 80% of the Maximum Salary or higher
-Week 2: Only bids of 60% of the Maximum Salary or higher
-Week 3: Only bids of 40% of the Maximum Salary or higher
-Week 4: Only bids of 20% of the Max Salary or the Mid-Level Exception (whichever is lower) or higher
-Week 5: All bids
-Week 6: All bids (min bid lists may be submitted)

The Weekly Process will take place as follows:

(1) On the first day of each of the Free Agency Bidding weeks, each team may submit an e-mail to the Commissioner with their contract bids on available Free Agents. Note: Bids may not be submitted before the published date for reasons of administrative integrity. If the Commissioner owns a team in the league, he will arrange with another owner to e-mail his bids to that other owner prior to the end of the Bidding Week. (Basically, the Commissioner is required to decide on his bids before each weekend in order to eliminate any possible bias or advantage.) The deadline for bids to be submitted is midnight Eastern (9pm Pacific).

(2) The Commissioner will tabulate all bids and determine which teams have the highest bids for each player. If only one team has bid on any given player, he immediately signs with that team. If a player has received one or more max contract offers, he immediately signs with the team which finished lowest in the previous year's standings. If a player has received 2 or more bids for amounts lower than the max, then a "re-bidding" process takes place among the top 3 bidders for his services.

(3) The (up to) three teams with the highest bids for each player will have the opportunity over the following two days to either stand pat or increase their bid to any player that they are in the top 3 in bidding for. (Example: Team A, with $25M to bid, bids $12M on Jordan, $7M on Ewing and $6M on Pippen. They are the top bidder for Jordan, the 4th highest bidder for Ewing and the 2nd-highest bidder for Pippen. Since they weren't in the top 3 for Ewing, they are out of the running for his services. Team A will have until Tuesday to increase or withdraw their offers to Jordan and Pippen, at which time the final winning bidders will be determined.) If a team is not the top bidder for a player (meaning it is 2nd or 3rd, then it has the option of withdrawing that bid in order to divert those cap dollars to another player(s). The deadline for re-bids midnight Eastern (9pm Pacific).

(4) After each week’s Re-Bidding deadline, the Commissioner will determine all winning bids. In the event of equal bids on a free agent, the player will sign with the team that was lower in the standings the previous year. The Commissioner will then send out an e-mail to all owners with a list of all free agents which were signed during that Week, as well as the amounts they were signed for. Once a player is signed to a Free Agent Contract, he immediately joins his new team’s roster as a C1 contract at his new salary and may not be waived until after Opening Day. If that player had Bird Rights, those Bird Rights are eliminated as he begins a new contract.

[EPiPeN11]

k thanks

[ClarkNasty]

Readers Digest Version (all dates approximate)

June 15: Deadline to declare if exercising bird rights
June 30: On day of NBA draft, NBN lottery results released
July 5-20: NBA Summer League
July 21: NBA releases salary cap, NBN mirrors changes. Rookie salaries released.
July 25: NBN rookie draft
July 27: Final roster retentions due:
July 28-31: Week 1 bids on for players. Bids must be at least 80% of cap.
Aug 3-6: 60% of cap bids
Aug 10-14: 40% of cap bids
Aug 17-20: 20% of cap bids or midlevel exemption bids
Aug 23-26: All bids including min bids
Aug 26-29: All bids including min bids

October 14: Free agent signings eligible to be traded
October 28: NBA opening day.

[Aces McGee]

[ QUOTE ]
[ QUOTE ]
rwesty has indicated that he's xferring via stars to me, so I'll be writing a check for myself, Thay3(e)r and rwesty.

[/ QUOTE ]

Assuming the transfers went through (as Stars said they did), I have money from GKA and EpiPen. Does anyone else need/want to pay me via transfer (doesn't nec have to be Stars) and have me include their fees in my check to Matt?

-McGee

[/ QUOTE ]

Updating, for recordkeeping/administrative purposes, I now have money from sergsz.

-McGee

[EPiPeN11]

Thinking it over, free agency is gonna suck for the first 4 years because players will all be on 4 year contracts to start right?