From Peter's email of 2/28
Here are all of the rule changes that were adopted during the con-con:
1. We created an escrow system - All owners who wish to participate in the money must buy in before the season.
(Note: Buy-ins are $75, checks made payable to Peter McCollum, 18 Dravus St. #303, Seattle, WA 98109 - and must be postmarked by March 14, 2007)
2. Keeper/trade deadline is now August 31st.
3. We adopted Jake's "$1 injured players" rule. Here's his amendment wording: "Any player acquired by either free agency or trade who, at the time of the transaction, has sustained an injury that prevents him from playing again during the current season, shall be assigned a value of $1 for purposes of the salary cap. The player's keeper value remains his original salary at auction."
4. We adopted a new cash payout system. Here's how it was described on the ballot. All owners opting in to the system pay X amount of dollars in to the pool (X is a set amount determined by pool vote). All participating owners are paid for their share of points (value of each individual point is determined by participation level times $1 per point. i.e. 12 owners participating means each point is worth (12/14)*1=$0.86) and increasing bonuses are given to the 3rd, 2nd and 1st place money participating owners.
The buy-in is $75 per owner. Point values and 1st/2nd/3rd place bonus amounts are determined by final number of participants.
We also clarified a rule:
5. Owners who DFA a keeper under contract are responsible for that players remaining salary, minus the amount that player is taken for by another owner at the auction. DFAing owners may not bid on those players.
6. (In another email) I forgot to mention that we changed the in-season salary cap figures to 350/650.
Labels: rules