[USML Announce] USML - FAAB bidding

Sat Mar 29 15:57:05 EDT 2008

I agree with Mark on all of the points.  Regarding the third point, the 
system might be able to handle it the correct way.  I haven't tried it, 
but with All-Star, you would just input bids sequentially, changing who 
you would drop.  For example.  Bid A, Drop X; Bid B, Drop X, Bid B, Drop 
Y; etc.  It took a little fiddling, but eventually worked.  The 
Sportsline system might be able to do the same thing assuming it doesn't 
remove a player from your roster after the first drop order.

-Andy

springkerb at aol.com wrote:
> I have a couple of questions.  First, are we going to adopt a 
> constitutional amendment or some kind of temporary rule to accommodate 
> the differences between this process and our constitution?  I think we 
> should, if only to clarify how we're proceeding.  Here's my proposal 
> for an appropriate proviso:  Notwithstanding the foregoing, the 
> Commissioners shall be authorized to adopt a FAAB bidding process 
> consistent with the system constraints of any statistical service used 
> by the League, upon reasonable notice to the League.
>
> Second, it appears this has a FAAB priority for breaking ties 
> different from what's in or rules--based on prior purchases rather 
> than standings.  Is that what we're following?  I think I got that 
> impression from some earlier e-mails that are no longer in my box. 
>  I'd say that's no big deal since FAAB ties are relatively rare and 
> not likely to be "outcome determinative" as Jeffrey would say.
>
> Third, this seems to imply that a specific "drop" must be associated 
> with any FAAB, rather than being able to drop a series of players in 
> priority order.  Seems like a dopey way to set up the system and one 
> we should over-ride if we can do so without excessive pain to the 
> commissioners, but if we're stuck with it, we're stuck with it.
>
> Fourth, I'm assuming we are still using the "one dollar above the next 
> highest bid" system.  I didn't see any e-mails to the contrary, and 
> that's a pretty major feature of our current system.  It significantly 
> affects bids.  So, that remains per the constitution, right?
>
> Mark
>
>
> -----Original Message-----
> From: Blocker, Mark B. <mblocker at Sidley.com>
> To: announce at usml.net
> Sent: Tue, 25 Mar 2008 9:35 am
> Subject: [USML Announce] USML - FAAB bidding
>
> This is straight from the website, which no one bothers to read:
> What is FAAB (Free Agent Acquisition Budget)?
> ole0Answer
> FAAB stands for Free Agent Acquisition Budget. Every add/drop is 
> granted via a blind, bidding system that is processed automatically. 
> Each time an owner has an add/drop processed, they will be placed at 
> the bottom of the FAAB order. If there is a tie for a player, the FAAB 
> order is used; the owner that is higher in the list will receive the 
> player and be moved to the bottom.
>
> You can also select the Commissioner FAAB approval process. Free 
> agents are still picked up via a blind, bidding system, but it is 
> processed by the commissioner and not automatically. The Commissioner 
> will go to the Transactions Request page to process the winning bids.
>
> If you select to use either of the two available FAAB options, each 
> owner will go to the My Team/Add-drop page and select the players to 
> be added and dropped then a bid is entered. The team with the highest 
> bid for that player will be awarded the player and the bid value 
> subtracted from their budget.
> Example #1
> Team #1 as listed in the FAAB order inputs a request for three players:
> Player "a" bid of $15
> Player "c" bid of $10
> Player "b" bid of $1
> Team # 8 as listed in the FAAB order inputs a request for three players:
> Player "a" bid of $25
> Player "c" bid of $10
> Player "b" bid of $1
> The system looks for the player that has the highest overall bid 
> placed on him. In this case, player A would be the first player 
> auctioned. The system would then search through every bid submitted 
> for Player A. The team with the highest bid for Player A would win 
> that player. In this example, team 8 would be awarded Player A.
>
> The FAAB process will continue in this manner. The system will seek 
> out the player that has the highest overall bid for him. Player C will 
> be the next player auctioned. If there are 2 equal bids for the same 
> player (c), the system will award the player to the team that is 
> highest on the FAAB order. For Example, player C will be auctioned 
> second and awarded to Team #1 because they were ahead of Team #8 in 
> the FAAB order (remember Team #8 would be at the bottom of the FAAB 
> order because the won the previous auction.)
> Finally, player (b) will be auctioned last and awarded to Team #8 
> because they are higher on the FAAB order (Team #1 was dropped to the 
> bottom of the FAAB order because the won the previous auction).
> Please note: If a team is dropping the same player for multiple bids 
> and that team wins a bid all subsequent bids involving "same" dropped 
> player become invalid.
> Example #2
> FAAB Budget is $100
> The remaining budgets for the bidding teams are as follows:
> John's Team $55
> Sam's Team $80
> Joe's Team $40
> Larry's Team $65
> John is listed #1 in the FAAB order and his FAAB bids are:
> Player A bid of $30 dropping Player X
> Player F bid of $30 dropping Player Y
> Sam is listed #3 in the FAAB order and his FAAB bids are:
> Player B bid of $20 dropping Player M
> Player C bid of $15 dropping Player M
> Player D bid of $5 dropping Player O
>
> Joe is listed #4 in the FAAB order and his FAAB bids are:
> Player C bid of $10 dropping Player R
> Player E bid of $10 dropping Player R
> Larry is listed #7 in the FAAB order and his FAAB bids are:
> Player F bid of $5 dropping Player T
> Player D bid of $5 dropping Player V
> The first player to be auctioned is Player A for $30. Player A is 
> auctioned first because $30 is the highest overall bid. John has 
> Player A prioritized as his first bid. John wins the bid for Player A 
> for $30. John drops to the bottom of the FAAB order and $30 is 
> subtracted from his FAAB budget.
> Player F would not be auctioned at this time because John's $30 bid 
> would exceed his FAAB budget.
> The second player to be auctioned is Player B. Sam wins the bid for 
> Player B with a bid of $20. Sam drops to the bottom of the FAAB order 
> and $20 is subtracted from his FAAB budget.
> The third player to be auctioned is Player C for $10 (Sam's bid of $15 
> became invalid when Sam dropped Player M to claim Player B). Joe wins 
> the bid for Player C with a bid of $10. Joe drops to the bottom of the 
> FAAB order and $10 is subtracted from his FAAB budget.
> The Fourth player to be auctioned is Player F for $5. Player F is 
> auctioned next for 2 reasons:
> 1)Larry is higher in the FAAB order because Sam dropped below Larry 
> with a successful bid earlier in the bidding process. Since Larry is 
> higher in the FAAB order, his bid (Player F for $5) will be auctioned 
> before Sam's bid (Player D for $5).
> 2)Larry has prioritized his bid of Player F over Player D.
> Larry wins the bid for Player F for $5. As stated previously, John's 
> $30 bid for Player F was invalid because his bid would have exceeded 
> his FAAB budget.
> The last player to be auctioned is Player D. Both Larry and Sam have 
> equal bids of $5 for Player D. Sam wins the bid for Player D because 
> he is higher in the FAAB order. John had dropped to the bottom of the 
> FAAB order by winning his previous bid. Sam drops to the bottom of the 
> FAAB order and $5 is subtracted from his FAAB budget.
> Player E is not auctioned because Joe no longer has Player R to drop 
> and there aren't any other bids for Player E. If Joe had a different 
> player to drop Player E would have been auctioned.
> Sidley Austin LLP mail server made the following annotations on 03/25/08, 09:31:12:
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