Post by Dodgers GM (Rob) on Feb 8, 2015 23:38:52 GMT -5
WAIVING PLAYERS
A GM has the right to waive any player to free agency. To waive a player you must post him in your team's waiver thread located in the Free Agency Tab > Waivers, Releases, and Options > Waivers. This will make permanent the decision to waive a player to free agency (non-revocable). Once posted, a player will be subject to hold for a 72 hour period, during which two actions can be taken.
1. Player can be claimed by another team, of which posting team will receive nothing in return and the claiming team will take on the player and his entire contract. If 2 teams place a claim for the same period, waiver order will be consulted (which will be determined by the reverse order of Inaugural Draft). Once the season starts, the waiver order will be subject to the combined standings, in reverse order, as of the previous scoring Monday. Off season claims will be determined by the end-of-season, combined standings in reverse. ALL WAIVER CLAIMS MUST BE PM'D TO THE fabids ACCOUNT (the same place you send free agent bids).
2. Player goes unclaimed, of which the posting team will be responsible for 50% of the remaining contract. This can be spread over the life of the voided contract (Example: Miguel Montero's contract pays him through 2018 - 16:$6m, 17:$5m, 18:$4m. Waiver penalties would be 16:$3M, 17:$2.5M, 18:$2M) or teams can utilize the league Buyout Clause (see below)
EXCEPTION 1: After the Trade Deadline, MLB players can be posted on revocable waivers. Any claimed player will be subject to 48 hours for a deal between posting and claiming teams. Failure to agree to a deal will allow the posting team the decision to hold on to the player, or release him to free agency. If a player is held onto by the posting team after 48 hours, he may not be traded at any point until the proceeding offseason. Players may only be posted on revocable waivers once per season. This system is similar to the system that is used in MLB. All players placed on revocable waivers will be "pulled back" at the end of the waiver period as the default action (i.e. they will not be automatically released).
EXCEPTION 2: This applies to PP (protected players) only. Owners will have the opportunity to waive any PP players without penalty beginning after the completion of the League's playoffs and ending once Unrestricted Free Agency has begun. This is akin to choosing to non-tender a player in their arbitration years. Protected Players (PP) who are released during this 'non-tender' period will be immediately dropped to the free agent pool and will not be subject to waiver claims.
If a GM who previously waived a player wants to pick that player back up through FA, they MUST bid an amount and term equal to or greater than the amount and term at the time said player was dropped to FA. Any lesser bid by that GM will be invalid and immediately voided.
DROPPING PROTECTED PLAYERS (PP)
Once you drop a defined Protected Player (PP), you are responsible for half their salary for the year you dropped them only, unless you drop them pursuant to Exception 2 above. You have no more financial responsibility to that player the following year. Minor league players are free to drop.
Minor Leaguers and prospects who have not accrued 50/150 requirements are not able to be claimed. They will be released straight into free agency.
FREE AGENT BUYOUT CLAUSE
Each team has the ability to buyout the remaining contract of any player. The Buyout Clause allows for teams to eat the remaining salary on a one year hit. For example, Miguel Montero's contract pays him through 2018 - 16:$6m, 17:$5m, 18:$4m. Under the Buyout Clause you would take a one year hit of $7.5M - ($6M+$5M+$4M) x 50% - and be free of penalties for 2017-18. This allows for teams to get out from under bad contracts sooner.
A GM has the right to waive any player to free agency. To waive a player you must post him in your team's waiver thread located in the Free Agency Tab > Waivers, Releases, and Options > Waivers. This will make permanent the decision to waive a player to free agency (non-revocable). Once posted, a player will be subject to hold for a 72 hour period, during which two actions can be taken.
1. Player can be claimed by another team, of which posting team will receive nothing in return and the claiming team will take on the player and his entire contract. If 2 teams place a claim for the same period, waiver order will be consulted (
2. Player goes unclaimed, of which the posting team will be responsible for 50% of the remaining contract. This can be spread over the life of the voided contract (Example: Miguel Montero's contract pays him through 2018 - 16:$6m, 17:$5m, 18:$4m. Waiver penalties would be 16:$3M, 17:$2.5M, 18:$2M) or teams can utilize the league Buyout Clause (see below)
EXCEPTION 1: After the Trade Deadline, MLB players can be posted on revocable waivers. Any claimed player will be subject to 48 hours for a deal between posting and claiming teams. Failure to agree to a deal will allow the posting team the decision to hold on to the player, or release him to free agency. If a player is held onto by the posting team after 48 hours, he may not be traded at any point until the proceeding offseason. Players may only be posted on revocable waivers once per season. This system is similar to the system that is used in MLB. All players placed on revocable waivers will be "pulled back" at the end of the waiver period as the default action (i.e. they will not be automatically released).
EXCEPTION 2: This applies to PP (protected players) only. Owners will have the opportunity to waive any PP players without penalty beginning after the completion of the League's playoffs and ending once Unrestricted Free Agency has begun. This is akin to choosing to non-tender a player in their arbitration years. Protected Players (PP) who are released during this 'non-tender' period will be immediately dropped to the free agent pool and will not be subject to waiver claims.
If a GM who previously waived a player wants to pick that player back up through FA, they MUST bid an amount and term equal to or greater than the amount and term at the time said player was dropped to FA. Any lesser bid by that GM will be invalid and immediately voided.
DROPPING PROTECTED PLAYERS (PP)
Once you drop a defined Protected Player (PP), you are responsible for half their salary for the year you dropped them only, unless you drop them pursuant to Exception 2 above. You have no more financial responsibility to that player the following year. Minor league players are free to drop.
Minor Leaguers and prospects who have not accrued 50/150 requirements are not able to be claimed. They will be released straight into free agency.
FREE AGENT BUYOUT CLAUSE
Each team has the ability to buyout the remaining contract of any player. The Buyout Clause allows for teams to eat the remaining salary on a one year hit. For example, Miguel Montero's contract pays him through 2018 - 16:$6m, 17:$5m, 18:$4m. Under the Buyout Clause you would take a one year hit of $7.5M - ($6M+$5M+$4M) x 50% - and be free of penalties for 2017-18. This allows for teams to get out from under bad contracts sooner.