ProFSL: Pro Fantasy Sports Leagues
Fantasy Leagues => Armchair Fantasy Baseball => MLB Leagues => Armchair Fantasy Baseball: Archives => Topic started by: chrisetc21 on July 18, 2018, 02:39:23 AM
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Please welcome Pat55 as the new owner of the Seattle Mariners. He'll have one week to announce his new owner buyout per the rules below.
All managers, upon admission to the league, will have the option to "buy-out" one existing contract on their team. The manager must post the selected contract and desired option in the transaction page within 2 weeks of admission.
There are three options to buy out a contract:
Option 1: Team pays 25% of the remaining contract during the following season.
Option 2: Team pays 40% of the remaining contract, spread over the following 2 seasons.
Option 3: Team pays 50% of the remaining contract, spread over the following 3 seasons.
As a new registrant to the site Seattle is also subject to the following trade restrictions.
Trade Restrictions for New Owners
1) New ownership without previous ProFSL league experience will be restricted from conducting transactions for 72 hours upon admission to the league.
2) Any new owner that has a trade vetoed within the first 30 days of ownership will be required to post players on the trade block for a period of 48 hours before any trade can be posted.