Waivers

[Rob]

Nevermind, see below.

[Rob]

Please review the proposed change to implement a waiver wire system.  Let me know if I missed anything.

Proposed changes:

Releasing Players
Any released player signed for less than $1m will not count against the cap and will NOT be put on waivers.  Any released player signed for $1m+ still has his contract count against the cap.  The released contract will count for 3 years at the most.  Any released contracts 4+ years long only count for 3 years.  Released players are sent to waivers and will remain on waivers until the end of the season in which they were released.  If the released player is not claimed on waivers he will become a free agent.  Once a released player is a free agent there is no way for the releasing team to get a reduction to the released contract.

Waivers
Waiver priority is determined by the prior years standings from worst to first.  In our first year this is determined by actual NHL standings and future years will be determined by our standings.  After a successful waiver claim the team making the claim moves to the bottom of the waiver priority list.  All waiver claims are made on the transaction board.  A waiver claim is considered successful once 48 hours have passed with no other claims from teams with higher priority.  The claiming team assumes 50% of the players' contract and the original team receives a 50% reduction to the released players contract.  ***Players claimed through waivers may not be released in the year they are claimed***

Waiver Priority List
01 - | winter
02 - | snugerud
03 - | jmtrops
04 - | shooter47
05 - | GypsieDeathBringer
06 - | Gilly
07 - | Tarheels55
08 - | Whomp
09 - | SizzRat
10 - | gocubsgo7
11 - | BrewCrew
12 - | BeanTown
13 - | Fantasy Nightmares
14 - | Robo
15 - | izaman3
16 - | Shelby
17 - | cho34
18 - | papps
19 - | -BA-
20 - | drusteeby

Players on Waivers
X-D Brett Lebda, Released contract through 11/12, $1.5m this year (Waiver price $0.7m (11/12))
X-D Jeff Finger, Released contract through 11/12, $3.5m this year  (Waiver price $1.8m (11/12))

[Anthony]

Looks good and is a great idea.

[Rob]

After thinking this over I think it's hugely beneficial to our league, not only in eliminating the much discussed loophole but giving us all a lot more options for trading.  It adds a whole different element with waiver wire deals.  I like it a lot.  Thank you Jared and Corey!

[BeanTown]

great work boys, but damn I wish I got rid of Beauchamin before this LOL

[BrewCrew]

I don't see how you can just add a rule mid-season?

[-BA-]

I don't see how you can just add a rule mid-season?

How is this midseason, when the season hasn't even started yet? I think this is more like how it should have been in the first place. We are making a correction to try and make the league better. 2 trades went through under the old rules and now there is a new way to handle it, that more mimics what the NHL does.

I think this looks good. Great idea guys.

[winter]

After thinking this over I think it's hugely beneficial to our league, not only in eliminating the much discussed loophole but giving us all a lot more options for trading.  It adds a whole different element with waiver wire deals.  I like it a lot.  Thank you Jared and Corey!

 

[snugerud]

Looks good to me. i think the 50/50 split is the better way to go.  gives more of a chance that someone would claim the player. 

[BrewCrew]

How is this midseason, when the season hasn't even started yet? I think this is more like how it should have been in the first place. We are making a correction to try and make the league better. 2 trades went through under the old rules and now there is a new way to handle it, that more mimics what the NHL does.

I think this looks good. Great idea guys.

Season started when the draft started lol

I'm not talking about skating, I'm talking fantasy. We already went through all of players and people have been dropped, and NOW we want to go to this?