S72 UFA Thread: Day 1 Bids Due Monday, September 30th @5pm Central (other dates inside)

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Black Superman
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S72 UFA Thread: Day 1 Bids Due Monday, September 30th @5pm Central (other dates inside)

Post by Black Superman » Thu Sep 26, 2024 6:24 pm

The Schedule is as follows:

Monday, 9/30 at 5pm Central
UFA Round 1 bids are due (PLEASE try to get these in as far ahead of the deadline as possible as inputting UFA bids can take 2 to 3 hours and the bigger head start we get, the closer to the 5 pm deadline we can run the sim)
(10 bids max)

Tuesday,10/1 at 5pm Central
UFA Round 2 bids are due (10 bids max)

Wednesday, 10/2 at 5pm Central
UFA Round 3 bids are due (5 bids max)

PLEASE READ

Remember to alphabetize your bids by player last name and include the player's full name!
Please specify MLE bids if you're using MLE (see the example at the bottom of this thread)



Check your tax status here: viewtopic.php?f=15&t=7061


IMPORTANT LINKS
The Trade Checker page has a number of additional functions besides checking trades. Find it at http://pbsl.ijbl.net/check.htm


RULES ON LEGAL BIDS:

Maximum/Minimum Starting Salaries
The maximum salary that can be offered to a player for the first year of his contract is either (1) the "Baseline Maximum" based on his years of experience or (2) 105% of his salary last season, whichever is MORE. You may check the baseline maximum (i.e., based on years of service, not based on 105% of last year's salary) and minimum (based on years of service) salary amounts using the Trade Checker page and entering his years of experience. This amount is referred to as the "Individual Max Salary" in the table below for ease of reference and likely differs for each player. PLEASE CHECK THE MAX AMOUNT BASED ON LAST SEASONS SALARY, ESPECIALLY IF YOU ARE BIDDING MAX ON A OLDER VET. AMOUNT MAY BE HIGHER THAN YOU EXPECT!!

The minimum salary that can be offered is based on a player's years of service. This is also visible on the Trade Checker Page. When offering a multi-year deal, later years in the deal must meet the minimum salary floor the player would make if he played each season (for example, if a player has 5 years of experience, and the minimum for a player with 6 years of experience is 1.5 million, the salary in the second year any deal offered to that player - when he would be expected to have 6 years of experience - must be at least 1.5 million). This amount is referred to as the "Veteran Minimum."

Understanding Bird Rights and Early Bird Rights

A player that has fulfilled two years of contracts without switching teams via Free Agency (he may have switched teams via trade), possesses "Early Bird Rights" with the team he most recently played for. FBB tracks a player's Bird Years on his player page - if you look at your previous year's team page and a player page for a player on your team shows "Bird Years" as 1 , that player has Early Bird Rights with your team (and your team only).

A player that has fulfilled three or more years of contracts without switching teams via Free Agency possesses "Bird Rights" with the team he most recently played for. If you look at your previous year's team page and a player page for a player on your team shows "Bird Years" as 2 or more, that player has Bird Rights with your team (and your team only).

Cap Space versus Mid-Level Exception

Teams that end the draft with less cap space than the Mid-Level Exception (MLE) gain access to the MLE. The MLE imposes a cap hold that removes any remaining cap space from the team (in other words, if the MLE is 8 million and your team salary is 4 million under the cap, you can't bid on a player with 4 million in cap space AND use the 8 million in MLE - you're already considered "capped" due to the 8 million dollar cap hold). If a team makes a trade that opens up more cap space than the MLE, the MLE - and its cap hold - disappears (you can use cap space now since you have more cap space than the value of the MLE).

For the purposes of Free Agency bidding, this may be thought of as a "mini cap" that functions outside the "Normal" salary cap structure. Essentially, teams may make bids using the MLE as though they had an amount of remaining cap space equal to the value of the MLE. The entire MLE need not be offered to a single player; it can be split among multiple players as desired. Contracts offered using "MLE space" may be for multiple years and may have year-over-year raises. Contracts using the MLE that are accepted immediately reduce the amount of MLE available and may invalidate other "MLE" offers (just as contracts using cap space that are accepted immediately reduce the amount of cap space available and may invalidate other offers).

Offers made via any method other than use of the MLE, including signings using Bird or Early Bird rights, veteran minimum signings, and/or re-signing a player for up to 120% of his previous contract do NOT reduce the available value of the MLE. Only offers that specifically use "MLE space" in lieu of "Cap Space" to become legal offers will reduce the available amount of the MLE if the player accepts.


Permissible Contracts

Each team may submit up to ten (10) bids on day 1 and day 2 and up to five (5) on day 3. Bids in excess of that will be ignored.

The final year of a multi-year deal (not a one-year deal) may be designated as a "Player" option (the player can choose to nullify the final year), a "Team" option (the team can choose to nullify the final year) or "None" (the default; this means the final year may not be nullified).

The maximum amount you are allowed to offer to a player in the first year of his deal depends on a number of factors (see the table below, created to the best of Wig's knowledge - sorry if there are any inaccuracies but the game documentation is non-existent).
SituationMaximum Starting SalaryMax YearsMax Raises
Team has unpaid tax bill (takes precedence over all other situations)Veteran minimum1N/A
Player to which you hold Bird Rights, regardless of cap situationIndividual Max Salary57.5%
Player to which you hold Early Bird Rights when the contract's first year salary fits into your team's available cap space*Individual Max Salary47.5%
Players to which you hold neither Early Bird nor Bird Rights when the contract's first year salary fits into your team's available cap space*Individual Max Salary45%
Player to which you hold Early Bird Rights when the contract's first year salary does NOT fit into your team's available cap spaceUp to 1/13th of the Salary Cap (appears as "Early Bird Contract Limit" on the trade checker) OR 175% of previous year's salary (if that's more than 1/13th of the salary cap) up to Individual Max Salary47.5%
Player who finished the previous season on your team when the contract's first year salary does not fit into your team's available cap space120% of previous year's salary or Individual Max Salary (whichever is LESS)45%
Player that did not finish the previous season on your team when the contract's first year salary does not fit into your team's available cap spaceVeteran minimum1N/A
* = Teams with access to the MLE may substitute "MLE" for "cap space" in these situations; when using the nodes for entry this is specified by selecting "Mid Exception" in the Contract Type dropdown. Signings made in these situations (i.e., using "MLE" money instead of "cap space" reduce the amount of MLE available to the team by an amount equal to the first year dollar figure of the contract.

WHERE AND HOW TO SUBMIT BIDS:

Bids should be PM'd to The Negotiator - click here to send a Private Message to The Negotiator.

PUT YOUR BIDS IN ALPHABETICAL ORDER BY *LAST* NAME!

The private message you send should have the subject "TEAM NAME- Free Agent Bids, Round X" (substitute your team's name for the words "TEAM NAME" in quotes and replace "Round X" with "Round 1" or "Round 2" or "Round 3" as appropriate). Place all of your Free Agent bids in a single message, with one entry per line, formatted as follows:

Player Name; Initial Year's Salary; Yearly Raise Percentage; Total Number of Years; (if desired: Team Option/Player Option)

You may use "max" and "min" for shorthand for maximum and vet minimum bids. If you are going to make use of the MLE to bid on a player (or players) please preface the player's name with "(MLE)"

For example, the Hawks' Private Message might look like this:
Hawks - Free Agent Bids, Round 1 wrote: Eric Montross; $7,632,314; 7.5%; 5
Khalid Reeves; $7,632,314; 5%; 4 (team option)
(MLE) Brooks Thompson; $3,000,000; 3.5%; 2
Nick Van Exel; min
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