a bit different as we have to bid on free agents (see rules below) it's fun
Free Agency
Free Agency will begin each summer on a specified date by the League that will be determined when the off-season schedule is created. The free agent list will consist of players who are not re-signed by their teams, players who were released or waived and not claimed by another team, as well as CHL, NCAA and international free agents who become free agents in real life (No longer draft eligible). FREE AGENTS DO NOT NEED TO SIGN WITH A REAL LIFE TEAM IN ORDER FOR YOU TO SIGN THEM, however if you do sign them and they don't get a real life contract, you're still on the hook for their contract for the life of the contract.
We will have specific guidelines for free agent bidding:
First and foremost, bids can not exceed 4 years in length. Any bid of the same length must be at least $250,000 more than the previous bid to be considered a legitimate high bid. For bids of different years, this does not apply and the higher "point total" wins.
The way to calculate your bid will be as follows: You add the amount of years with the contract amount to give you your "point total". 1 year per point, $1m per point.
Ex) Rangers offer 4 years @ $1 million = 5 pts Ex) Rangers offer 2 years @ 3.25 million = 5.25 pts
The highest bid after 24 hours without a new bid wins the Free Agent.
Ex. Islanders bid 4 years, $2,000,000 on Michael Ryder Bolts follow that with a bid of 4 years, $2,500,000 *Once the Bolts bid has gone uncontested for 24 hours the Bolts would win Ryder...
We will also have a minimum bid for each player based on the amount of years of NHL experience they have. A full NHL season is defined as 25 or more games in a season for a skater or 13 or more games in a single season for a goalie. The amount of years is from the beginning of the player's career (first season os 25+), and not the beginning of this league.
2) Any player who is signed that is age 37 or older at the time CANNOT be bought out at any time. The contract will stay on your books for its entirety. These deals are EXEMPT from the Retirement Rule (retired players contracts come off your cap).
Ex Jaromir Jagr: Bids of 1 year $5m, 2 years $4m, 3 years $3m, 4 years $2m are all equal bids. But if you sign him to a 4 year deal and he retires after 2 years, you cannot buy out the remaining 2 years on the deal and it stays on your cap. Keep this in mind when signing older players in UFA.
Last edited by Davesch1959; August 2, 2017 at 11:34 AM.
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