Post by Crestmount (Colts) on Apr 4, 2013 2:04:44 GMT -5
Each GM may apply to the TAB for a one-off loan prior to the first Rookie Draft. The TAB will decide whether the loan is necessary or not, and has the responsibility to reject any application considered not necessary. The loan maybe in increments of $1 up to a maximum of $5. For every $1 borrowed, the salary cap for the 2014 season shall be reduced by $1.20. The purpose of the loan is to allow teams with limited salary available, to make picks in the 2013 Rookie Draft. No loans shall be approved once the 2013 Rookie Draft commences.
NO LOANS WILL BE AVAILABLE AT ANY TIME AFTER THE 2013 ROOKIE DRAFT BEGINS--THIS IS A ONE-OFF EVENT AND DOES NOT SET A PRECEDENT FOR FUTURE YEARS.
NO LOANS WILL BE AVAILABLE AT ANY TIME AFTER THE 2013 ROOKIE DRAFT BEGINS--THIS IS A ONE-OFF EVENT AND DOES NOT SET A PRECEDENT FOR FUTURE YEARS.