FREE AGENCY ANNOUNCEMENT
UFA bidding begins tomorrow and thus it's a good idea to read through everything below so you know what's happening.
How It Works
The bidding process is a silent auction. Each day of the free agency period will feature a list of names that can be bid on (see post above for full list). Teams will submit their bids privately to
@nickthehabsfan on Twitter. The winning bidder is awarded the player contract specified in the bid; there will be no contract matching; the winning bid can not be refused and the lottery draw will be done between the teams with the top 3 offers.
1 Bonus point will be worth a 5% bonus to your offer only in the lottery. Once everybody submits their offers the top 3 offers will be placed in a lottery for the player. If a team doesn’t get into the top 3 lottery, the bonus points used will be returned, however, if you get into a lottery and lose while using bonus points, they will not returned. Non-playoff teams get 5 bonus points, 1st and 2nd round exits receive 6, and the final 4 all get 7.
The offers that get into the lottery are based on a calculation of the strength of the offer. The AAV value is worth 70% while the term is worth 30%. Playoff and ownership bonuses are also applied before the lottery so if a final 4 team and a non-playoff team offer the same contract and are competing for the 3rd lottery spot, the final 4 team will get in.
What are the Bonuses I can receive?
See
this link from the rulebook to see which bonuses you are eligible to receive on a player.
How do I bid?
Bids will be sent to
@nickthehabsfan on Twitter and can be sent early. In your message, you must include the following:
Team, Player, Contract, Ownership Bonuses, and Bonus points you are using on a player. Do NOT include playoff bonuses as those are automatically applied.
Thanks,
BOG