A couple more important points I didn't see in the rules:
As I recall, there are minimum opening bids and minimum raises when bidding on a player.
If the listed player has a TSN salary of $3 mil or less, the minimum opening bid is .3
You can raise the bid of such a player in .1 increments until his auction price reaches the $3 mil, then I believe (and Penn, please feel free to set me straight here) the minimum raising increment is .5
If the player has a TSN salary of $3 mil or more, then the minimum opening bid is 1.0 with raises allowable in .5 increments.
So, you can't open Dale Murphy for .3 or raise him only .1 at a time.
If you've tried to bid on George Brett who Penn opened at 10.0, don't expect to be able to bid 10.1. The site will reject your bid.
Have fun!
Penn - If I have it wrong, let me know and I'll edit or retract this post.
Jim