Post by Portland TrailBlazers on Apr 19, 2017 19:17:46 GMT 2
Trades 101
If you've never played in a league like this before, you may be surprised at the amount of trades that go down. You are free to privately message (PM) GMs to discuss deals and then post agreed upon deals in the Trade Center thread. Assuming both guys have a good reason to make the trade, it will go through.
The members of the trading committee are the 5 administrators of the league and the process that will be followed is this:
Ajames- Miami Heat
Dio - Portland Blazers
Heisenberg - Brooklyn Nets
Ilker - Philadelphia Sixers
Loukas - Denver Nuggets
We won’t allow managers getting into an argument about trades but we want every opinion to be heard and to be respected.
We don’t expect many vetoes to take place and you should think about vetoing a trade only if there is a suspicion of collusion or a trade is grossly one sided (i.e. LeBron for a 2nd round pick).
IF YOU WANT TO VETO TRADE YOU CAN DO SO BY SENDING A PM TO ALL COMMITTE MEMBERS. No public posting as we want to avoid the whole back and forth that makes all the fun go away.
Reminder: Protesting a trade because a team, in your mind, is becoming better or worst is not a reason to veto, we have to respect the agreement that managers have based on their plan.
RELOAD DRAFT EXCEPTION: We are making an exception for the period during the reload draft where halting the selections for 24 hours is killing the swag of our league. During the reload draft and all its rounds it shall remain to the commitee’s discretion whether a 24 hour hiatus needs to be enforced for a trade. Don’t worry, our judgment is pretty intact and it will probably take just one manager to express his frustration to do so.
Basically, we count on your integrity and on your commitment to be competitive without compromising the integrity of the league and this means:
NO UNDER THE TABLE AGREEMENGS
NO SIDE DEALS
NO “FAMILY” TRADES
Ajames- Miami Heat
Dio - Portland Blazers
Heisenberg - Brooklyn Nets
Ilker - Philadelphia Sixers
Loukas - Denver Nuggets
1st layer:
In every trade these 5 members will have to vote on the legality of it and simply decide whether a trade meets the typical standards set forth by the Constitution (e.g. If the teams have the salary cap space to make it happen or the necessary open roster/contract spots). If 1 or 2 members of the trade committee are themselves part of a trade then the other 4 (or 3) members will decide.2nd layer
Assuming the typical standards are met and both guys have a good reason to make the trade, it will go through and then there will be a 24 hour window for ALL managers to potentially veto the trade. In the event that a simple majority (11 vetoes) is reached, the trade will return to the commitee. This shouldn’t happen very often and the plan is for these layers to work as preamptive measures to avoid a trade that puts the league’s integrity in question. We won’t allow managers getting into an argument about trades but we want every opinion to be heard and to be respected.
We don’t expect many vetoes to take place and you should think about vetoing a trade only if there is a suspicion of collusion or a trade is grossly one sided (i.e. LeBron for a 2nd round pick).
IF YOU WANT TO VETO TRADE YOU CAN DO SO BY SENDING A PM TO ALL COMMITTE MEMBERS. No public posting as we want to avoid the whole back and forth that makes all the fun go away.
Reminder: Protesting a trade because a team, in your mind, is becoming better or worst is not a reason to veto, we have to respect the agreement that managers have based on their plan.
RELOAD DRAFT EXCEPTION: We are making an exception for the period during the reload draft where halting the selections for 24 hours is killing the swag of our league. During the reload draft and all its rounds it shall remain to the commitee’s discretion whether a 24 hour hiatus needs to be enforced for a trade. Don’t worry, our judgment is pretty intact and it will probably take just one manager to express his frustration to do so.
3rd layer:
In the event that a trade gets vetoed by the simple majority (11 votes) and returns to us we really anticipate the trade to be vetoed by the committee BUT we are asking to trust our judgement and experience regarding the potential of a trade simply getting vetoed for the wrong reasons. In simple words, if this mechanism works properly and we do our job there won’t be a case that a trade returns to the committee and if it does we shall probably respect the majority’s decision unless something extreme happens (conspiracy theory?)Basically, we count on your integrity and on your commitment to be competitive without compromising the integrity of the league and this means:
NO UNDER THE TABLE AGREEMENGS
NO SIDE DEALS
NO “FAMILY” TRADES
Trades 201
Trade Rules and Regulations:
- Salaries don't have to match but you can't go over the cap during the season. In the offseason, a trade, a rookie signing or an UFA/RFA signing can take you $10 million over the cap (120 mil max)
- The Ted Stepien Rule: You cannot trade your 1st round draft picks in consecutive years. You can do so for your 2nd round picks and you can agree on a pick swap as long as you are guaranteed a 1st round pick every other year, regardless whether it's yours or someone else's.
Clarification: This only applies to future drafts starting in 2019, it does not matter if you've traded your 2018 draft pick or made a selection (in the 2018 draft). You can basicly trade your 2019 pick now, and once that draft is done you'll be able to trade your 2020 pick (unless you already traded 2021), and on and on.
In the excel, draft picks sheet, column M you can see how the rule applies. If you want to make a trade and you're not sure if the rule is broken, you can basicly make changes in that latest excel sheet and check M column to see if you're breaking the rule or not.
Clarification: This only applies to future drafts starting in 2019, it does not matter if you've traded your 2018 draft pick or made a selection (in the 2018 draft). You can basicly trade your 2019 pick now, and once that draft is done you'll be able to trade your 2020 pick (unless you already traded 2021), and on and on.
In the excel, draft picks sheet, column M you can see how the rule applies. If you want to make a trade and you're not sure if the rule is broken, you can basicly make changes in that latest excel sheet and check M column to see if you're breaking the rule or not.
- When trading a non-guaranteed contract (in red on spreadsheet) the receiving team can waive him ASAP without having to pay any of his salary.
- 3+way trades are allowed but be aware that you cannot trade a player or a pick that you don't own.
- You are only able to trade players and picks currently on your team (not able to trade away something you assume you will acquire soon). This means that no GM is allowed to post a trade for players they WILL BE getting if their other trade partner has not been approved it yet. If you do so, the trade will be removed, you will be assessed a 1m cap fine and you will have to submit it again. Repeated violations of this will result in a 1 mil cap fine per incident.
For example:
Team A trades: Johnny Kale to team B and a 2nd rounder to Team C
Team B trades: George Lettuce to Team A and a 1st round pick to Team C
Team C trades: The 1st rounder it got from Team B to Team A
- You can retain a portion of a player's contract when trading for a player but this can only be up to 25% of the player’s contract. Additionally, that player CANNOT be traded back to the same manager until the next offseason. In the event that this player gets traded again the initial owner IS NOT COMPLETELY OFF THE HOOK as he still is in charge of paying that percent and the contract of the player will be reconstructed. Managers are free to opt either for a structure on the 25% payment for the remaining years or a one time payment of it while the 75% will be divided equally to the remaining years of the contract.
Be aware of how this works if a player whose salary is split gets traded over and over again, here's an example to make this as clear as possible:
Be aware of how this works if a player whose salary is split gets traded over and over again, here's an example to make this as clear as possible:
Let's assume that you want to trade Jim Smoothie and his contract of 4years/$25 million.
Team A retains $6.25 million (25% of the $25 million) which he decides to split for 4 years at $1.5625 annually (Keep in mind this is just an example and he also has the option to pay the amount as a one time payment the first year, or split it to 2 years or maybe 3)
Team B gets the player but only $18.75 million of his salary (75% of the $25 million) and that amount is split in 4 years mandatory.
If Team B then wants to trade again that player to Team C, then Team A is still on the hook for $6.25 million (25% of the $25 million) and Team C will be negotiating the new contract that stands at $18.75 million.
If Team C then wants to trade that player again he can do so with no restrictions but to anyone BUT managers A and B and the pattern will again be the same.
- The 25% that remains with the seller is paid in the guaranteed year(s)
- The 75% that remains with the buyer is also paid in the guaranteed year(s) regardless of the fact that the option remains as it is and the buyer can exercise it when time comes.
Example:
Let's assume that you want to trade Johnny Peanuts who has a 2 year contract at $40m total ($20 each) with a team option for the second year (1+1).
Team A retains $5million (25% of the $20 million) which he pays in year 1 of the contract (no ability to to break down the payment in 2 years)
Team B gets the player and $15million of his salary (75% of the $25 million) and that amount is also paid in year 1 regardless of the fact that the option remains as it is and the buyer (Team B) can exercise it when time comes.
Another example:
Let's assume that you want to trade Dick Berries who has a 3 year contract at $60 total ($20 each) with a team option after the second year (2+1).
Team A retains $10million (25% of the $40 million) which he can pay either with a one time payment or divide it in 2 years since the guaranteed years of the contract are 2.
Team B gets the player and $30million of his salary (75% of the $40 million) and that amount is divided into the 2 guaranteed years of the contract ($15m each) whilethe option remains as it is and the buyer (Team B) can exercise it when time comes
If Team C then wants to trade that player again he can do so with no restrictions but to anyone BUT managers A and B and the pattern will again be the same.
Structured payments in trades with a team option
In the event that managers agree on a trade with structured payment (up to 25% and 75%) and the player involved has a team option in his contract, the structured payment involves ONLY the guaranteed money and the option stays as it with the payments executed as follows:- The 25% that remains with the seller is paid in the guaranteed year(s)
- The 75% that remains with the buyer is also paid in the guaranteed year(s) regardless of the fact that the option remains as it is and the buyer can exercise it when time comes.
Example:
Let's assume that you want to trade Johnny Peanuts who has a 2 year contract at $40m total ($20 each) with a team option for the second year (1+1).
Team A retains $5million (25% of the $20 million) which he pays in year 1 of the contract (no ability to to break down the payment in 2 years)
Team B gets the player and $15million of his salary (75% of the $25 million) and that amount is also paid in year 1 regardless of the fact that the option remains as it is and the buyer (Team B) can exercise it when time comes.
Another example:
Let's assume that you want to trade Dick Berries who has a 3 year contract at $60 total ($20 each) with a team option after the second year (2+1).
Team A retains $10million (25% of the $40 million) which he can pay either with a one time payment or divide it in 2 years since the guaranteed years of the contract are 2.
Team B gets the player and $30million of his salary (75% of the $40 million) and that amount is divided into the 2 guaranteed years of the contract ($15m each) whilethe option remains as it is and the buyer (Team B) can exercise it when time comes
Trade Deadline:
The trade deadline every year will be 10 days after the actual NBA trade deadline happens and trading will be open again on the 1st day of the offseason.
Basically you can trade always except from:
- Trade deadline through offseason
- During the reload draft a player cannot be traded before the end of the round he gets selected (e.g. Bobby Carrots is the 3rd pick in the 1st round, he cant get traded before the 1st round ends)
- During the rookie draft a player cannot be traded before the end of the round he gets selected (e.g. Augustus Pears is the 33rd pick in the 2nd round, he cant get traded before the 2st round ends)
You can Trade:
- Players (as long as he is on your payroll)
- Draft picks (1st & 2nd round picks for the current and future seasons)
- Rights to players (i.e. Euro-stashed player coming over like Ante Zizic)
You cannot Trade:
- Straight cash (i.e. no selling draft picks for hard cap space)
TRADE Exceptions and Limitations:
After signing a free agent during the season, you may not trade that player for 30 days.
You can trade players and picks from the 2018 reload draft before the end of each round but you cannot trade the players before the end of each round. This has to happen in order to give all managers an equal opportunity to draft assets and negotiate them accordingly.
- You cannot trade an UFA, RFA you signed during the offseason until the midseason (January 15th).
- A player cannot be traded to or signed back by a team that he was traded from until the next offseason
- A FA that is signed during the season cannot be traded for a minimum of 30 days.
- A FA that is signed during the season cannot be traded for a minimum of 30 days.
- Sign & Trade Exception: The highest bidder for an RFA can engage in a sign-and-trade with the then previous owner of the respective RFA. The sign and trade should be announced as soon as the bidding on the player closes. All other limitations (salary cap, squad size) apply intact as in every other signing/trade.
(Note: This section will begin to take place in the 2020-2021 offseason)Trades 301
Announcing, Accepting & Approving a Trade
First, when agreeing upon a trade one of the GM's should post the trade in the Trade Center thread. Here's how:
Title of post: Team A and Team B Trade
Body of post:
Team A Trades Players X Y Z
Team B Trades Players X Y Z
Explanation of Trade: Explanations can be short, you don't need to write an essay, it just validates your intentions to trade.
After that, the other trade partner(s) just need to post that they accept the trade and give their reasoning as well. Barring collusion or a completely lopsided trade, your trade will be approved within 24 hours and the Commissioner will make the change on Yahoo! and update the master roster.
Note: The trade is not official until it is marked APPROVED and moved into the APPROVED folder.
In the unfortunate even that managers agree to trade but have a misunderstanding/misinterpretation and want to cancel and rework their agreements, we expect both of them (or more) to explicitly request that in the trade thread in order for the committe to accept their intention and veto the trade. After that they are free to restructure their agreement in a brand new thread.