Rules of Bidding

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dlf_danm
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Rules of Bidding

Postby dlf_danm » Tue Aug 04, 2015 7:06 pm

Each owner is required to nominate one player each day until instructed otherwise by the commissioner.
All players in the MFL database are eligible to be nominated during the startup auction.

Auction Nomination Procedures
1. When nominating a player for auction on a message board, title the thread of the auction with the player’s name, his position, and his NFL team. (Example: Joe Montana, QB 49ers).
2. Put your opening contract offer to the player in the text of the thread. The offer should consist of the proposed yearly salary and the amount of years (if applicable). (Example: $6 - 3 years)
3. The opening contract offer can be outbid at any time throughout the auction by another owner making a Qualifying Contract Offer.
4. The "Basic Rules to Bidding" (found below) apply to the Opening Contract Offer.

Qualifying Contract Offer
1. A Qualifying Contract Offer consists of the player's salary per year and the amount of years the owner is offering the contract for and must be greater than the opening contract offer or previous qualifying contract offer.
2. The "Basic Rules to Bidding" (found below) apply to the Qualifying Contract Offer.
3. To be a Qualifying Contract Offer the bid must meet one of the following criteria...
a. The bid must be for a higher yearly salary and equal or more amount of years than the previous bid. (Example: If the current bid is $5 for 2 years, a qualifying contract offer could be $6 for 2 years.)
b. The bid must be for a higher amount of years and an equal or greater yearly salary than the previous bid. (Example: If the current bid is $5 for 2 years, a qualifying contract offer could be $5 for 3 years.)
4. The yearly salary in a bid can only be lowered by offering a longer contract. Each additional year on a contract is worth $3 in yearly salary when bidding. (Example: If the current bid is $14 for 2 years, it can be outbid by bidding $11 for 3 years.)
5. The amount of years in a bid can also be lowered by doing the same thing in reverse. You just make an offer with a higher yearly salary. For every additional $3 bid, you can lower the amount of years on a contract offer. (Example: If the current bid is $12 for 3 years, it can be outbid by bidding $15 for 2 years.)
6. Once a bid reaches each $5 increment ($5, $10, $15, $20, etc.) the yearly salary cannot dip below that amount. (Example: If the current bid is $22 for 2 years, it cannot be outbid by bidding $19 for 3 years. It can be outbid by bidding $20 for 3 years however.)
7. A bid cannot return to an amount that it has already been at. (Example: If a bid is at $19 for 2 years and is outbid by bidding $16 for 3 years. The next bidder will have to bid $20 for 2 years to get that year back off the bid.)
8. After no new qualifying offer has been made for 24 hours, the auction will be over and the player will be awarded to the high bidder.

Basic Rules of Bidding
1. All bids will be in even dollar amounts.
2. Any bid under $5 does not have to include the amount of years.
3. All winning bids for $1 will be a 1-year contract.
4. All winning bids between $2 and $4 will give the owner an option of giving the player a 1 or 2-year contract.
5. All bids above $4 must include the amount of years the owner is offering the contract for.
6. Bids of under $10 can’t be for more than 3 years.
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dlf_danm
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Rules of Bidding

Postby dlf_danm » Tue Apr 12, 2016 10:54 am

Bump
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izzye03
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Re: Rules of Bidding

Postby izzye03 » Mon Apr 18, 2016 1:57 pm

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