Post by Denver Nuggets on Aug 28, 2024 20:04:22 GMT 2
Clarifications on RFAs and the RFA Bidding Process
Dear GMs of Hate City,
After the quick process of this year at the rookie draft , now is the time to announce the steps to be followed for RFAs to sign their new contracts for the 2024 season and beyond.
In order to ensure full disclosure, the committee has designed the following approach to RFAs and the RFA bidding process.
Salary cap Timeline
Keep in mind that the tiebreaker for RFAs is the available salary caps.
The available salary caps for every team have been documented in the final Hate City Master Bible and in the RFA excel file and we will all know the tiebreaker status for all teams.
Trading and other league processes will be resumed after the RFA process in concluded.
RFA procedure Timeline
RFA Bidding Period: September 30 August to September 3, Tuesday 21.00 Greek time
On Friday August 30th 13.00 Greek time , one member of the committee (Boston Celtics) will create an excel file (not a google sheet) listing all RFAs to be used for the RFA bidding process and will send it to every manager. He will then submit his RFA bids via email to the available email account ( hatecityrfa@gmail.com ) on same day till the start of the procedure.
Starting from Saturday August 31st to September 3rd Tuesday, 21.00 Greek time, the remaining 19 managers in the league will submit their RFA bids.
The excel file that all managers will send to the above email must have encryption code in order to secure the transperancy of the procedure.
After the end of the procedure, all managers must send their codes in order for the responsible GM to unlock their excel files.
All managers will receive an excel file containing all winning offers and the bids from all manager that were submitted for all RFAs. All managers will also receive the username/password access details to the email account. If a manager wants to check on whether all offers have been submitted and documented properly, will be able to login to the account and do so.
The winning offer is the one with the biggest total salary.
Using the above steps, the committee feels that maximum control and clarity are preserved throughout the process (crosschecking between managers and the committee, while all members can see if steps and rules have been followed as agreed upon).
Managers owning the rights of an RFA will then have 48 hours to decide on matching the highest offer for those players. Matching an offer means, matching the exact contract duration and value. If no offer has been submitted on an RFA, the manager who owns the RFA player rights has the option to sign the player on a minimum contract (0.5 million/year). If no offer has been submitted on an RFA and the manager owning his rights decides not to sign him, the RFA becomes a UFA and will be part of the UFA bidding process.
RFA Bidding Process
All managers will receive an excel file listing all RFAs.
The following info will be documented in the file:
- Player Name
- Team owning his RFA rights
- Contract Offer (Total $ offer)
- Years (contract years offered, 1 through 4)
- Contract Offer/year (automatically calculated based on Contract Offer and Years)
Completing the file
When you open the file complete your team name from the drop-down list in cell B1.
Each manager should then fully complete the “Contract Offer” & “Years” columns for the RFAs he wants to submit a bid on. He will then send the file via email to the email account (as described above) within the designated deadline. The file should be renamed as follows: “YourTeamName”_RFA_Bids_2022
No manager should submit a bid for an RFA they currently own the rights to. No comment needed here…
The file should only be submitted/sent once by each manager. If a manager sends a second email that includes RFA bids, the email will be discarded. If a manager fails to submit his bids within the RFA Bidding Period, then no bids will be taken into account on his behalf.
- The sum of bids submitted for RFAs cannot put any team above the offseason salary cap
- The total count of bids submitted for RFA's cannot put any team above the offseason maximum total count of contracts (21)
Also, you will see that the file keeps track of your available cap and available roster spots. If you exceed either, there will be a message in red in cells E20 and E21. If you submit your file including bids that exceed either your available offseason salary cap or your number of available roster spots, then all your bids will be voided.
TRADE Exceptions and Limitations:
- You cannot trade an RFA you signed during the offseason until the midseason date (Somewhere in January - Date to be decided).
- A player cannot be traded to or signed back by a team that he was traded from until the next offseason (summer of 2024)
- Sign & Trade Exception: The highest bidder for an RFA can engage in a sign-and-trade with the 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.
Good luck to all!
Dear GMs of Hate City,
After the quick process of this year at the rookie draft , now is the time to announce the steps to be followed for RFAs to sign their new contracts for the 2024 season and beyond.
In order to ensure full disclosure, the committee has designed the following approach to RFAs and the RFA bidding process.
Salary cap Timeline
Keep in mind that the tiebreaker for RFAs is the available salary caps.
The available salary caps for every team have been documented in the final Hate City Master Bible and in the RFA excel file and we will all know the tiebreaker status for all teams.
Trading and other league processes will be resumed after the RFA process in concluded.
RFA procedure Timeline
RFA Bidding Period: September 30 August to September 3, Tuesday 21.00 Greek time
On Friday August 30th 13.00 Greek time , one member of the committee (Boston Celtics) will create an excel file (not a google sheet) listing all RFAs to be used for the RFA bidding process and will send it to every manager. He will then submit his RFA bids via email to the available email account ( hatecityrfa@gmail.com ) on same day till the start of the procedure.
Starting from Saturday August 31st to September 3rd Tuesday, 21.00 Greek time, the remaining 19 managers in the league will submit their RFA bids.
The excel file that all managers will send to the above email must have encryption code in order to secure the transperancy of the procedure.
After the end of the procedure, all managers must send their codes in order for the responsible GM to unlock their excel files.
All managers will receive an excel file containing all winning offers and the bids from all manager that were submitted for all RFAs. All managers will also receive the username/password access details to the email account. If a manager wants to check on whether all offers have been submitted and documented properly, will be able to login to the account and do so.
The winning offer is the one with the biggest total salary.
Using the above steps, the committee feels that maximum control and clarity are preserved throughout the process (crosschecking between managers and the committee, while all members can see if steps and rules have been followed as agreed upon).
Managers owning the rights of an RFA will then have 48 hours to decide on matching the highest offer for those players. Matching an offer means, matching the exact contract duration and value. If no offer has been submitted on an RFA, the manager who owns the RFA player rights has the option to sign the player on a minimum contract (0.5 million/year). If no offer has been submitted on an RFA and the manager owning his rights decides not to sign him, the RFA becomes a UFA and will be part of the UFA bidding process.
RFA Bidding Process
All managers will receive an excel file listing all RFAs.
The following info will be documented in the file:
- Player Name
- Team owning his RFA rights
- Contract Offer (Total $ offer)
- Years (contract years offered, 1 through 4)
- Contract Offer/year (automatically calculated based on Contract Offer and Years)
Completing the file
When you open the file complete your team name from the drop-down list in cell B1.
Each manager should then fully complete the “Contract Offer” & “Years” columns for the RFAs he wants to submit a bid on. He will then send the file via email to the email account (as described above) within the designated deadline. The file should be renamed as follows: “YourTeamName”_RFA_Bids_2022
No manager should submit a bid for an RFA they currently own the rights to. No comment needed here…
The file should only be submitted/sent once by each manager. If a manager sends a second email that includes RFA bids, the email will be discarded. If a manager fails to submit his bids within the RFA Bidding Period, then no bids will be taken into account on his behalf.
- The sum of bids submitted for RFAs cannot put any team above the offseason salary cap
- The total count of bids submitted for RFA's cannot put any team above the offseason maximum total count of contracts (21)
Also, you will see that the file keeps track of your available cap and available roster spots. If you exceed either, there will be a message in red in cells E20 and E21. If you submit your file including bids that exceed either your available offseason salary cap or your number of available roster spots, then all your bids will be voided.
TRADE Exceptions and Limitations:
- You cannot trade an RFA you signed during the offseason until the midseason date (Somewhere in January - Date to be decided).
- A player cannot be traded to or signed back by a team that he was traded from until the next offseason (summer of 2024)
- Sign & Trade Exception: The highest bidder for an RFA can engage in a sign-and-trade with the 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.
Good luck to all!
