Rule Change Proposal: Minimum FA Bid Increments

[BK Dodgers GM (Man)]

All,

The LO would like to propose a change to our open bidding FA auction format (used for regular FA), which was brought up last year.

The LO and maybe a couple GMs had previously discussed changing the format from the current time-based minimum bid increments to bidding-based minimum increments (like was used in another league that some of us participated).

For this format change, the minimum bid increment would be based strictly on the current high bid rather than on the bidding clock (from the start of the auction).

The minimum increment for the next bid would be determined this way:

Current High Bid < 500K ---------> 25K minimum increment
500K <= High Bid < 1M -----------> 50K
1M <= High Bid < 2M --------------> 100K
2M <= High Bid < 4M --------------> 200K
4M <= High Bid ---------------------> 500K

This would be a more realistic and sensible way to determine minimum increments than the time-based one we've been using in this league. And the method has been well tested for about 2 years in the other league where it was used.

The LO propose for this change to take effect starting w/ the upcoming preseason regular FA auctions in February -- RFA auctions will continue to use the old silent bid process and remain unaffected by this change.


Please vote in the poll asap so we can get this taken care of for 2011. We will keep this poll open thru the upcoming weekend.

Thanks.

[Former Reds GM (Patrick)]

I was definitely one of the people who took advantage of the time-based system but it makes sense to close that loop-hole

[BK Dodgers GM (Man)]

Ok. Since we have near unanimous consensus on this, we will go ahead and apply this change effective immediately.

Thanks to all for checking and voting...