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Friday, February 03, 2006

FAAB

FAAB’S

Each team shall have, for the purpose of acquiring free agents entering the National League from another place during the course of the season, a supplementary budget of $100. This budget would be known as the Free Agent Acquisition Budget or (FAAB).

NOTE: We could negotiate the starting money to something we would all agree upon. Personally, I like the idea of $100.

At the deadline established by each league for recording weekly transactions, a team may submit a sealed bid for one or more free agents. The minimum bid shall be $5; the maximum shall be the amount remaining in a team's FAAB.

A free agent so selected goes to the highest bidder. If more than one team bids the same amount on a player, and if that amount is the highest bid, the player goes to the team that is lowest in the most recently issued standings.

The salary of a free agent signed in this manner is his acquisition price. His contract status is that of a free agent.

In addition to the player's acquisition price, a team signing a free agent must pay the 10 dinero transaction fee for calling up free agents as set forth in the Baseball Unlimited Constitution.

If a Baseball Unlimited team loses a player to the "other" league in an interleague trade, then the team’s available FAAB dollars are increased by an amount equal to the lost player's salary.

NOTE: As a wrinkle, and to provide a BU team who lost a player some leverage in obtaining the new player to the NL as a result of his player being dealt, we could also institute the “plus one” rule. Under this rule, a BU team who lost a player would have the right to add one dinero to the new player’s final bid price and obtain his services.

NOTE: We could also put in play the “over $15 surcharge”. This would be some kind of a surcharge on player’s whose final bid prices exceeded $15. This excess fee is intended to discourage frivolous bidding for free agents coming over from the “other” league. It is also intended to make teams who are most likely to benefit from signing costly free agents—that is, teams still in the hunt for the money—pay for it dearly.

NOTE: The bid process would be the same as previously set up, with sealed bids going to bids@baseball-unlimited.com.


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