[USML Announce] USML - FAAB bidding
Bbuddhas at aol.com
Bbuddhas at aol.com
Sun Mar 30 10:33:58 EDT 2008
what can you do????
In a message dated 3/30/2008 10:04:55 A.M. Central Daylight Time,
jhwinick at aol.com writes:
Unfortunately I can't access that either. Please forward faab and
transactions to _Usmltransaction at aol.com_ (mailto:Usmltransaction at aol.com)
Sent from my iPhone
On Mar 30, 2008, at 9:14 AM, _springkerb at aol.com_ (mailto:springkerb at aol.com)
wrote:
I just sent my act/res transactions to the usmltrans mailbox. Copies of the
FAAB bids were sent there yesterday.
Mark
-----Original Message-----
From: _springkerb at aol.com_ (mailto:springkerb at aol.com)
To: _announce at usml.net_ (mailto:announce at usml.net)
Sent: Sun, 30 Mar 2008 7:56 am
Subject: Re: [USML Announce] USML - FAAB bidding
I don't see anything that tells me if my FAAB bids were successful. How do
I handle act/res if I don't know who I have?
Mark
-----Original Message-----
From: _jhwinick at aol.com_ (mailto:jhwinick at aol.com)
To: _announce at usml.net_ (mailto:announce at usml.net)
Sent: Sat, 29 Mar 2008 4:52 pm
Subject: Re: [USML Announce] USML - FAAB bidding
Guys,
Here's the deal. We're going to work with the website as much as possible
in order to reduce the workload imposed on the commissioner. Despite all the
difficulties with All Star Stats, it was the most accomodating of the
websites, at least as it related to our rules. It appears that CBS is a bit less
so. I believe that Andy is right that you will be able to put in multiple
bids for players all premised on waiving the same player. But just as with All
Star Stats, the onus is on you to figure out how to make it work. It simply
isn't practical to require Mark B. to sort through bids every week to deal
with multiple contingencies.
As for the ebay bidding, Mark and I have already agreed that we will
continue to use that system. If you read my last email on this matter, you'll see
the details.
As for the priority for breaking ties, we are going to use the default
system at CBS - namely reverse order of standings subject to modification once
the lower team has won a player.
As for the constitutional amendment - I'd like to think it isn't necessary,
but would support it if the sense of the league is otherwise.
The King
-----Original Message-----
From: Andrew R. Klein <_anrklein at yahoo.com_ (mailto:anrklein at yahoo.com) >
To: USML Announcements <_announce at usml.net_ (mailto:announce at usml.net) >
Sent: Sat, 29 Mar 2008 4:04 pm
Subject: Re: [USML Announce] USML - FAAB bidding
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_ (mailto: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_ (mailto:mblocker at Sidley.com) >
To: _announce at usml.net_ (mailto: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)?
Answer
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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