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Post by Visor. on Feb 12, 2022 20:18:39 GMT -6
Looking to start the arbitration auction Tuesday 2/15
-Arbitration Auction-
At the end of the season, each owner will select one player who would be eligible for the Regular Auction and offer them Arbitration. Each owner submits to the Commish that player's name, and what they deem to be a fair value offer.
An auction then takes place on the players offered Arbitration.
If the winning auction bid is less than your submitted amount to the Commissioner, that player is yours for the amount of the winning auction bid.
If the winning auction bid matches your submitted amount, you have the option of keeping that player, or allowing him to go to the winning bidder.
If your submitted amount is less than the winning auction bid, you have to option of paying the winning bid +$2 in order to keep that player.
Any players won or matched in the Arbitration Auction are assigned one year contracts.
You may offer arbitration to a player up to 3 times.
Please send me your offers by Monday 2/14. remember on the PM, just put the players name and in the comments put the amount. We will not open it until the highest bid reaches 24 hours.
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Post by Visor. on Feb 15, 2022 7:36:34 GMT -6
Having to postpone auction for a day or two. Trying to get Dan into the forum, once that happens we'll get things going.
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Post by Visor. on Feb 15, 2022 15:23:30 GMT -6
The Arbitration auction will begin tonight at 6:00 pm CST.
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Post by Visor. on Feb 15, 2022 18:01:06 GMT -6
Arbitration auction is open, winning bids must last 24 hours.
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