Official Guidelines: Owning 2nd franchise

[PigsRule]

Here's the OFFICIAL guidelines based on feedback from various owners given the discussion about boosting activity level and managing multiple teams...

Guidlines to allow owners to purchase a 2nd FNHL franchise:
1) NOT SAME DIVISION - Owners can only purchase a 2nd franchise from the Division their 1st team is not part of.

2) MAX 3 - Owners can own a maximum of 3 2 Franchise NHL teams at any given time.

3) VALUE & FEES - Fees for a 2nd franchise are the same as for the any new owner (see franchise purchase fees and returning team annual fee); $Market Price Set by Owner and Year-2 20$ or FNHL determined fee thereafter.

4) TRADING - No trading between teams owned by same owner (or ensure the players don't find their way to the other owner's teams without a stop on 1-2 other teams) but at the same time isn't that the job of TC members to determine fairness of deals!?

5) MATCH-UPS - If teams owned by the same owner meet in a Weekly or Play-off match-up, all eligible players must be active (can't bench one of their teams).

6) LESS THAN 20% OWNERSHIP RULE Maximum of 6 owners (19.3%) holding multiple franchise at any given time.

7) SALE - Owners may set the sale price for their team(s) if they want to sell but must repay the 1st Year Buy-in fee submit $20 to the league per team if they complete a sale or alternatively return the franchise to the league to handle a sale (standard FNHL practice).

8) TRANSACTION THRU COMMISSIONERS - All sales must pass through Commissioners to be official or the new owner will not be allowed to enter league. This means Commissioners handle transaction to ensure payments are properly exchanged.

Personally, I think it's a good thing that
* helps pay the $80 Fantrax fee (allows us to have 31-teams in 1 league, avoid split league like yr 1 of FNHL)
* helps FNHL offer a minimum prize of approx $500 USD (varies depending on year) to the FNHL Champion,
* Boosts league activity - owners who pay want to play,
* as long as the owners are dedicated and willing to buy-in, it's a positive thing for the league and other owners IMO

june11-14: edits to annual franchise fee + subject as these guidelines are now official!

[ripper]

I second this motion.

[dickiedunn]

Here here!
That's a good set of guidelines if we move forward.

[dickiedunn]

The more I think about this the more I want to own a second team here. My schedule though still busy is opening up more each week and the fact the rules are already a known entity to me makes the adjustment a non-issue and plain good sense to spend a little extra play money here.

I take it the available franchises in the Western Conference are is that correct?

[jackdaniels]

will be available next season.

I'm guessing all other ownership rules apply such as guys must complete a year term with the same team before buying a different team or transferring to a different team?

[PigsRule]

will be available next season.

I'm guessing all other ownership rules apply such as guys must complete a year term with the same team before buying a different team or transferring to a different team?

Yes, Tyler will be stepping down at the end of the year and that Wild franchise might have another championship to their name when he does.

Yes, all other ownership rules will also apply including the need to serve a season before transferring to own another franchise. BAsic common sense stuff to keep the league stable and avoid transient owners jumping in and out of the league.

[PigsRule]

The more I think about this the more I want to own a second team here. My schedule though still busy is opening up more each week and the fact the rules are already a known entity to me makes the adjustment a non-issue and plain good sense to spend a little extra play money here.

  Great. We want active, knowledgeable owners guiding franchise in this league.

I take it the available franchises in the Western Conference are is that correct?

Correct. Those 4 franchise are currently League owned, managed and are available for sale.

In the East, are available for purchase.

[Burkes Boys]

So if there are already 5 owners with multiple teams in FNHL there won't be anymore for sale as a 2nd team? Do I have that right?

[PigsRule]

So if there are already 5 owners with multiple teams in FNHL there won't be anymore for sale as a 2nd team? Do I have that right?

We can vote on it if there's a demand over and above the initial limit of five we outlined. It will probably boil down to the caliber and commitment of the owner makng the request.

[SlackJack]

2) Owners can own a maximum of 2 Franchise NHL teams at any given time.

I will be relentless on this issue but I have no hostility. With that said hopefully we can agree that multiple ownership should gradually be curtailed starting with enforcement of existing rules. To be clear I am speaking to the ownership of 4 teams by e40. Perhaps next season we could see a change there?