Author Topic: Trading  (Read 327 times)

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Offline WestCoastExpress

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Trading
« on: September 26, 2020, 05:40:45 PM »
Trading Rules:

Post your trades on the Transactions board

- Both parties should include a short explanation of their reasoning behind the trade

- All trades must involve all parties sending at least 1 player/pick to another team
(ie. No trades purely for cap space are allowed)

- Only draft picks of current season plus the following season are available to be traded (see bottom of rosters for available picks)


Trade Processing:
- Given that this is a FREE league, we will not be implementing a trade committee to vote on trades, as is customary for a lot of leagues on this site
- We are under the belief that everyone in this league are adults, and therefore can make their own personal decisions about their franchises
- Trade threads will be locked once both parties post, confirm, and give reasons to their trade (to avoid league members from commenting publicly on the trade thread)

The ONLY circumstances where trades may come into question, are:
(1) Commissioners agree, beyond a reasonable doubt, that a trade is so severely lopsided or there is clear collusion between 2 people that it needs to be voided
(2) Most likely in conjunction with (1), but if enough league members privately message the commissioners to voice their complaints (with valid reasons), the trade will go under review (potentially resulting in an anonymous poll for votes)

This will ultimately help with processing time of trades, versus waiting 48-hours for league votes
Generally speaking, most people like their trades to be processed in a timely manner instead of waiting 2+ days


Retained Salary in Trades

Cash exchange (retaining salary) on contracts is allowed

However, no more than 50% of a player's per-year salary may be paid for in each year (same as in the NHL)

Example:
A player on a 3-year, $10.0m per year contract such as D Bobby Orr, $10.0m (2022-2023) can have up to half of his per-year salary paid for, for 1, 2 or 3 years.
- Maximum retained salary in each of the 3 years is $5.0m per year
Salary Split Examples:
- Split evenly across 3 years: $5.0m in year 1, $5.0m in year 2, $5.0m in year 3
- Back loaded: $0m in year 1, $2.5m in year 2, $5.0m in year 3
- Front loaded: $5.0m in year 1, $3.0m in year 2, $0 in year 3

*Remember, only 50% of salary can be retained per year of any contract
You cannot allocate say $15m all in one year using the example above. That would be 50% of total contract value


* Cash paid on a player will follow that player in future trades
** If a player already has 50% of his salary paid for and is traded again, he CANNOT have any more of his salary paid for by a different team. The max amount of salary that can be paid for is 50%


Trade Deadline: See Important Dates thread on the main PDH homepage.

Note:
Trades must be posted AND confirmed by all parties involved before the trade deadline, otherwise it is not accepted.
Sorry, but there will be no exceptions.
(So, give yourselves time to agree to and post the trade, and the other team(s) must confirm the trade before the deadline too. Best to set your trade deadline 10-minutes before the actual deadline if you're in last minute trade talks!)
« Last Edit: October 07, 2020, 10:47:34 PM by WestCoastExpress »
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