Post by White Sox GM (Michael S.) on Feb 9, 2023 21:12:15 GMT -5
Everyone,
I want to have a special call out to thank RoyalsGM-Steve for all of his efforts today in processing the RFA bids.
This has been an unprecedented RFA period with the quality of players and the amount of bids that were submitted. There were teams that bid in excess of 2X or more of the team's available cap space. While everyone has their own strategy, there is a great deal of exposure and risk which is created by excessive bidding. For the next Winter Meetings, I will put forward a proposal that a team's total RFA bids cannot exceed 150% of a team's available cap space. This proposal will be subject to discussions, tweaking and voted on by the league.
To address any special circumstances, where an unmatched RFA will put a team over the salary cap, there will be a special ruling for 2023. The RFA acquired player that puts a team over the cap cannot be traded. However, that player can be dropped at a 50% penalty of the AAS of the contract for 2023 only (regardless of the number of years in the contract) within 72 hours after the matching period expires. The RFA player will return to the FA pool, but cannot be bid on again by the team that dropped the RFA player. The process will require dropping the player on the Drop Thread with the term "RFA Special Rule Drop." This ruling will not apply to any team that decides to match a RFA, as that player can be traded by the RFA owning team.
The RFA matching period will run from now through Sunday at 10:00 p.m. (EST). The RFA Special Rule Drop period will expire on Wednesday at 10:00 p.m. (EST).
If you have any questions, please place it on the Owners Questions Thread.
Thank you!!
Michael/Commissioner
I want to have a special call out to thank RoyalsGM-Steve for all of his efforts today in processing the RFA bids.
This has been an unprecedented RFA period with the quality of players and the amount of bids that were submitted. There were teams that bid in excess of 2X or more of the team's available cap space. While everyone has their own strategy, there is a great deal of exposure and risk which is created by excessive bidding. For the next Winter Meetings, I will put forward a proposal that a team's total RFA bids cannot exceed 150% of a team's available cap space. This proposal will be subject to discussions, tweaking and voted on by the league.
To address any special circumstances, where an unmatched RFA will put a team over the salary cap, there will be a special ruling for 2023. The RFA acquired player that puts a team over the cap cannot be traded. However, that player can be dropped at a 50% penalty of the AAS of the contract for 2023 only (regardless of the number of years in the contract) within 72 hours after the matching period expires. The RFA player will return to the FA pool, but cannot be bid on again by the team that dropped the RFA player. The process will require dropping the player on the Drop Thread with the term "RFA Special Rule Drop." This ruling will not apply to any team that decides to match a RFA, as that player can be traded by the RFA owning team.
The RFA matching period will run from now through Sunday at 10:00 p.m. (EST). The RFA Special Rule Drop period will expire on Wednesday at 10:00 p.m. (EST).
If you have any questions, please place it on the Owners Questions Thread.
Thank you!!
Michael/Commissioner