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I see now. Just so I for sure understand, the bid will close at 9:05 tonight (if no other bids). At that time, if Boston is not cap-compliant by 9:05 on 7/31/13, the Rays are the winning bidders. Am I understanding that right?
This could potentially create a loophole, as a team could put in a bad bid knowing they are over the cap simply to reset the 72 hr clock and buy them (or others) more time to come up with funds. I think this is something the RC should take a look at, as I don't see a situation where resetting the 72 hr clock would be a good thing, as it unfairly punishes a team that operated within the confines of the rules while simultaneously granting more opportunities for the offending team to win the bid, despite being in violation of cap/roster rules. Under this setup, the offending team has a full 4 days to become compliant, which is far too much time. Just my two cents, not being argumentative, just hoping to illustrate a potential area for abuse under the current rules.
This is on my radar for things to bring up with the RC. I will be making a discussion post for the RC to discuss this and a few other things as soon as I get some other things updated and the league running smoothly.
how is that opening loop hole if said team bids on player and doesnt clear cap rules clearly say said team cant rebid on that player even if clears cap.