Free Agency
Bids are submitted in the format of total contract value. The number of years does not need to be specified until the bid is won. The resulting salary will be calculated by dividing the final bid by the number of years, rounded to the nearest $100,000. The winning bid will be the highest total contract amount. Each player is auctioned in a separate thread on ProFSL, which can be started by anyone. A bid on a player is considered final once it has been open for 48 hours.
--Minimum bid is $500K
--Minimum bid increment is $100K
--No team may have more than 5 active bids at any time.
--Only players MLB players may be acquired via Free Agency. Any player that is Minors eligible (less than 50 games played or 40 innings pitched) may only be acquired via the amateur draft.
Free Agent Contract Limits
Contracts signed through free agency adhere to the following guidelines:
Term Options: 1 to 5 years.
Contracts with an annual value under $1M: Can only be signed for 1 or 2 years.
Contracts with an annual value under $5M: Can only be signed for 1, 2, or 3 years.
Contracts with an annual value under $10M: Can only be signed for 1, 2, 3, or 4 years.
Contracts with an annual value of $10M or more: Can be signed for any length, from 1 to 5 years.
Here's a simple way to figure out your contract length options by the total contract winning bid:
Winning bid - Eligible term lengths
$0 to $2.9M - 1 or 2 years
$3M to $19.9M - 1, 2, or 3 years
$20M million to $49.9M - 1, 2, 3, or 4 years
$50M and up - 1, 2, 3, 4, or 5 years
