As I've followed this conversation the one thing that comes to mind is that it has been an unspoken rule in FGM that 2 vetoes is an automatic invalidation of a trade. I was reminded of this in a PM by a prominent member of this league in a PM earlier today.
While it does not say as much in the FGM rules I present this from Moneyball, whose rules are based largely on FGM:
"There will be a 7 member TC panel. In case of a TC member in the trade the commish will then have a vote. 6 approvals will approve the trade. 2 vetoes will disallow the trade."
Ernie and I are in the process of examining and editing, if necessary, all of FGM's rules. Some are either antiquated, vague or not complete. I had hoped that we could get thru free agency and Fantrax scheduling but it may not work out that way.