[USML Announce] USML Transactions - IMPORTANT - Change in procedures

[Brad Jansen]

Mark:
   How do we find out next lowest bid?  And please remind me: how to
establish a FAAB's salary when (i) only one team bids on a guy, and (ii)
more than one time bids on a guy?  Thanks!
BLJ

On 4/25/07, MBBlocker at aol.com <MBBlocker at aol.com> wrote:
>
>  League:
>
>   We are making two changes to the timing and manner that transactions are
> submitted.  Please read carefully.
>
> 1.  From this point forward, FAAB bids and WAIVER claims must be submitted
> by *Saturday* at noon, not Sunday at noon.
>
> 2.  From this point forward, the winning bidder must submit an e-mail to
> usmltrans that lists the amount of his winning bid, the next closest bid, if
> any, and the amount of FAAB dollars that should be restored to his FAAB
> budget.  Winnng bidders will have two reporting periods to submit this
> information, after which no adjustments will be made.
>
>   Why are we making these changes?  Here are the reasons:
>
> A.  The All Star Stats system builds in a one-day lag period between the
> day it runs its "evaluator" program (which determines the winning FAAB bids)
> and the day transactions are effective, and up until now, we have not been
> complying with that procedure.  To keep our Sunday transaction periods, we
> will have FAAB bidding conclude on Saturday.
>
> B.  The Saturday deadline for FAAB also eliminates the need to send
> e-mails with lists of differing contingencies (e.g., if I get player X put
> him on active, and if I get player Y, put him on reserve).  Instead, you can
> check on Saturday afternoon to see if you acquired a player, and if you did,
> you have a full day to decide how to configure your roster accordingly.  (In
> hindsight, we should have done this long ago, because it would have made the
> commissioner's task much easier by eliminating the need to sort through
> scores of contingencies.).
>
> C.  The need to report the restored FAAB dollars is our way of dealing
> with our league's e-bay bidding system.
>
>   Finally, for at least one more week, submit e-mails to usmltrans.  After
> this week, we will likely discontinue this practice.
>
>   Let me know if you have any questions.
>
>   -- Mark B.
>
>
>
> ------------------------------
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>
>
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