TradesLeague has a trade deadline that corresponds with MLB. Trades MUST BE POSTED prior to the MLB trade deadline. This is a hard deadline and is always lockstep with the actual MLB trade deadline.
Trades reopen in the offseason following the WAR WS.
Cash exchanges are allowed to be made within deals as long as it does not exceed annual salary in the given year of traded contract. Cash exchanges must follow a given player in a trade at all times. Signing bonuses, however, stay on the books of the franchise that signed such a prospect.
Money can be exhanged during a trade but only for the trade year, no future monies can be paid on a contract.(example : If you trade for a player making $20m for 3 years, you can only circumvent the cap by having money paid the first year.
Years 2, 3, it will be up to you to fit that player under the league cap.)
Once a player is signed he is immediately considered property of the signing team and may be traded at any time.There is no TC panel. The league is subject to
OPEN LEAGUE VOTES. If 10% of the league (3 owners) vote to
a deal the trading GMs may rework the trade or they can appeal.
Such an appeal would need posted by both GMs (or 3 in a 3 way) as to what the grievance is. Why is the veto unjust? Posted on the transaction page for commissioner review.
The commissioner is unlikely to overturn league vote but this will close a loophole to any possible collusion standing in the way of fair trading.
Again it takes 3 vetoes to kill a deal within 48 hours of confirmation of that deal.
All trades are passed at the 48th hour of confirmation if not vetoed no matter the number of approvals. Even if there are no approvals the trade becomes final unless vetoed.
Comments are welcomed when approving a trade but
MANDATORY when a trade is vetoed. Draft picks may not be tradedHowever a drafted player like all players may be traded immediately.
No trade may cause a team to exceed the salary cap in the current season. The salary cap may be exceeded in future seasons allowing the GM to make future moves to become cap compliant.
The 48 hour wait is mandatory before processing. No trade even in the off-season will be fantraxed prior to 48 hours.
In the event of a 3 way trade then it is 48 hours after the last confirmation before it is legal. All 3 teams must trade and receive trade assets in the deal.
