Since Boston is over the cap by 8.5M, I motion that I should win this player based on the July 26 bid made at 9:15 AM. Winning bid should read MI/CI Junior Lake 0.5M (p-n/a) with 1M signing bonus...Please let me know if this is in fact the case. Thanks fellas :thumbsup:
The Following comes from the FGM Rulebook. Bids can be made that put a team over the cap as long as they make the roster moves to get under the cap within 24 hours.
Penalties for not clearing roster space/cap for a final bidUpon winning a bid that sets a team over the cap, the GM is granted 24 hours to post the transactions that will make the cap work (either a trade or releasing players). If the transactions are not valid or not posted within 24 hours of the bids being finalized, that team no longer receives the player. If this is a first time offense, the GM is given a warning. For all subsequent offenses, the team is penalized a 10% cap penalty for the current season.
After such a failed bid, the player goes back to the bidding board, leaving off at the highest bid prior to the winning bid, and the 72 hour clock is restarted. The offending team can no longer bid on that player, even if they clear up the cap space to do so.
No exceptions are granted to teams that won the bid but had a trade fall through - if you're not certain you'll have room, make the trade first. In other words, don't bid on a player you can't afford! Note that this applies only to FA. No trades can be completed that set a team over the cap - the trade must be re-worked.