Post by Crestmount (Colts) on Apr 4, 2013 1:14:55 GMT -5
The following are the new rule changes. Please read carefully, and post that you accept the changes if you intend to move forward with the League. If you do not accept the changes, please also post same so that we can make arrangements to find a replacement owner.
New Rule Changes
Auction closed permanently.
Trade period re-starts
Min salary raise to $0.50 from next season. Players under $0.50 already won can be either waived without penalty, kept at under $0.50 for this season only then waived, or have salary increased to $0.50.
Salary cap for all teams permanently raised to $105.
Option available for any GM to borrow up to $5 from next year's salary prior to Rookie draft. Applications for loan to be approved by TAB. No loans will be approved once Rookie draft begins. Loans to be in increments of $1--for every $1 borrowed next year's salary will be reduced by $1.20. Loans will be available for this season only.
No extensions of contract. Teams will be able to either Franchise Tag or Transition Tag 1 player coming off contract--either 1 or the other, not 1 of each.
Salary cap penalty for waiving players shall be calculated on a staggered scale. 1st year, penalty=50%. 2nd year, penalty=33.33%. 3rd year or longer=25%?
No conditional waivers
No Taxi/practice squads.
IR/PUP/DNR salaries not included in cap.
Total contract length of roster to be set at a maximum of 125yrs. Maximum individual contract set at 5yrs. Contract lengths for players drafted in Rookie Draft can be set at discretion of the team GM. All rookies contracted for 3yrs or less shall automatically have RFA status.
New Rule Changes
Auction closed permanently.
Trade period re-starts
Min salary raise to $0.50 from next season. Players under $0.50 already won can be either waived without penalty, kept at under $0.50 for this season only then waived, or have salary increased to $0.50.
Salary cap for all teams permanently raised to $105.
Option available for any GM to borrow up to $5 from next year's salary prior to Rookie draft. Applications for loan to be approved by TAB. No loans will be approved once Rookie draft begins. Loans to be in increments of $1--for every $1 borrowed next year's salary will be reduced by $1.20. Loans will be available for this season only.
No extensions of contract. Teams will be able to either Franchise Tag or Transition Tag 1 player coming off contract--either 1 or the other, not 1 of each.
Salary cap penalty for waiving players shall be calculated on a staggered scale. 1st year, penalty=50%. 2nd year, penalty=33.33%. 3rd year or longer=25%?
No conditional waivers
No Taxi/practice squads.
IR/PUP/DNR salaries not included in cap.
Total contract length of roster to be set at a maximum of 125yrs. Maximum individual contract set at 5yrs. Contract lengths for players drafted in Rookie Draft can be set at discretion of the team GM. All rookies contracted for 3yrs or less shall automatically have RFA status.