Just an FYI:
[quote:688c7fb1f8="Palanion"][b:688c7fb1f8]League: [/b:688c7fb1f8]ATG5, DH, adv, unique ballparks.
No transactions (no cuts, trades, etc) with TWO exceptions:
1. you may swap cards for a specific player, but only in the following manner - you cut the player with no new pickup, then you sign the player's new card.
2. a 3-round midseason draft to fill rosters
Bidding follows the usual $80/$200 convention. You have $80 mill to bid with and the total value of your roster is not to exceed $200 mill in Strat/SOM dollars. Bidding works like this:
A player is nominated (how so is explained further down this post) with a minimum bid posted to this board. The minimum bid must be at least $500K or 10% of the player's highest Strat value, whichever is greatest. The remaining 11 managers will PM a higher bid or a pass to the owner.
Bids are made in increments of $10K (not $100K as in other auctions). Example, Ruth is nominated at 11.5 million. You can bid 12.5, 12.55, but not 12.555. After all eleven owners have sent their bids (or 24 hours elapses) the nominating owner will post all the bids and announce the winner.
The winner then makes the next nomination.
If all eleven owners pass, then the owner who made the nomination keeps the player at the amount offered. So don't nominate anyone you aren't willing to have on your team! Hitters are followed by hitters, pitchers are followed by pitchers.
If you place an invalid bid (e.g., more than you can afford), the bid is ignored and the nominating owner who received your bid is not obligated to tell you your bid is no good, but it's always nice to do so, anyway.
We start with the top three priced hitters (Ruth, Gibson, Mantle) and top two priced pitchers (Maddux, Alexander).
If there is a tie, this is announced, and the tied owners have 24 hours to make a new bid. They [b:688c7fb1f8]must [/b:688c7fb1f8]bid, and their minimum bids must be the $$ at which they tied. Again a winner is declared, or there is another tie, and owners rebid. If they remain tied after a second rebid, then the player is given to the owner who made the earliest bid at the previous tie (the one before this tie) at the price of the last tie.
There will be a ballpark draft at the end of the auction with the draft order being the lowest-valued roster picking first.
[b:688c7fb1f8]Also, there will be a 3-round draft (worst-to-first, recordwise) the week of games 85-105 using the remainder of our cap money and the FA. [/b:688c7fb1f8]
I will start a thread just for the auction right now. And this will remain as the Chat thread.[/quote:688c7fb1f8]