2002- Rookie & Free Agency Auction
League # MLB105580
* All teams will have $100 Milion Salary Cap of Auction Money per team each Season. We'll roll out 30-40 players each day from the 2001 database up for bid in a Silent Auction via sitemail. Bids will be in $100K minimum increments and due at midnight (EST) each night. Whoever bids the highest on that player wins that player and holds that player's rights for up to 5 years at the annaul salary that you won your player for. So if you won Pujols for $9 million- you would play him $9 million each year up to 5 years, unless you cut him sooner than the 5 year period. No Home-town resigning discount. ALL players after 5 years (or sooner if cut) become Free agents for all teams to bid on. So eventually guys like Puljos, Votto, Cabtrera, Verlander, Carlos Gonzalez, ect. will go back on the open market and up for Auction again every 5 years or sooner.
* Going into 2002 we will bid on 2002 Rookies & Free Agents with what money you have left in our $100 million budgets after our 2002 payroll is calculated. Everyone will be allowed to carry up tp 33 players at one time. If you go broke, we'll hold a (AAA) draft at the very end of the Auction where teams will Draft and sign up to 33 total remaining players fill out their Roster to max 1 year contracts.
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$10 million Rollover allowed each Season
If you have any extra cash left after each season you will be allowed to roll it over into the next Season's Budget.
$110 million asolute max Budget allowed going into each season's Auction, though.
* That way everyone is encouraged to go for it every year & to avoid any teams from stockpiling more than $110 million.
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